Firms To Watch: Energy

Nascent energy boutique Klein & Co Energy & Infrastructure is spearheaded by high-profile energy specialist Anat Klein, who was formerly department head at Gross Law Firm – GKH.
Shenhav Konforti Rotem & Co. has a track record handling energy - particularly renewable - matters for cooperative settlements and companies.

Energy in Israel

Agmon & Co. Rosenberg Hacohen & Co.

Agmon & Co. Rosenberg Hacohen & Co. is praised by sources as ‘the best oil and gas team in Israel’. The firm advises many of the largest energy companies active in the country, including Chevron, Delek and Isramco, on exploration and production projects. Outside of the oil and gas sphere, it acts for major independent power producers and renewable energy companies on regulatory and transactional matters. Dan Hacohen is widely recognised as a leading light and frequently advises on the most high-profile oil and gas matters in the market. Corporate finance specialist Uri Rosenberg is noted for project finance transactions. Eddie Ashkenazi is a ‘promising partner‘.

Practice head(s):

Dan Hacohen; Uri Rosenberg

Other key lawyers:

Eddie Ashkenazi; Evyatar Sadeh

Testimonials

‘Simply the best Israeli energy firm, period.’

‘They have more energy, and especially oil and gas, expertise than all of the other firms in the market combined.’

‘The best oil and gas team in Israel.’

‘Dan Hacohen is the most knowledgeable oil and gas lawyer in the market. And he is a pleasure to work with.’

‘Dan Hacohen is the best oil and gas lawyer in Israel, and one of the best worldwide. Eddie Ashkenazi is a young and promising partner.’

Key clients

Chevron (formerly Noble Energy)

Delek Group

Delek Drilling

Isramco

Ratio Oil Exploration

Navitas Petroleum

Tamar Petroleum

Alon Gas Explorations

S.O.A Energy

Dalia Power Energies

O.P.C Energy

I.P.M. Beer Tuvia

Rapac Energy

Paz Ashdod Refinery

Doral Group Renewable Energy Resources

Energix Group

Veridis Environment

Shaare Zedek Medical Center

Pazgas Ltd.

Solegreen Ltd.

PV planet 2019

Phelup Initiatives and Services Ltd

Israeli Railways

Ashdod Port

H2ID Ltd

IDE Water Technologies Ltd

Work highlights

  • Representing Delek Drilling in negotiating the sale of its rights in the Tamar gas field to various interested third parties, including Mubadala Petroleum and an independent British oil and gas company.
  • Representing the Leviathan consortium of companies and the Tamar consortium of companies in settlement agreements following a gas supply dispute between Israel Electric Corporation, the partners in the Tamar consortium and the partners in the Leviathan consortium.
  • Advising Doral Group Renewable Energy Resources on various renewable energy projects in Israel and abroad.

Erdinast, Ben Nathan, Toledano & Co.

Erdinast Ben Nathan Toledano & Co. with Hamburger Evron advises on both conventional and renewable energy matters, with particularly strong expertise in the latter, acting for both energy companies and consumers, including EDF, Volta Solar and Yehuda Steel. Equally adept in transactional and regulatory work, the group handles a wide range of project finance and development matters, acquisition transactions and day-to-day issues. Following Uri Noy’s retirement, Nadav Olgan now solely leads the department and sources highlight his ‘extremely vast knowledge‘, especially in regulatory issues. Uri Mandel, who recently joined from Yossi Levy & Co, is noted for project finance.

Practice head(s):

Nadav Olgan

Other key lawyers:

Uri Mandel; Yaron Cohen; Gal Rub

Testimonials

‘The firm has extensive knowledge and deep understanding of the energy sector, and is involved in some of the most significant projects in Israel, including projects that involve international investors and financiers. We were very pleased with their service and the legal advice throughout the process.’

‘The team we worked with has diverse knowledge and experience in the energy area. The team helped us find solutions to various problems which arose during the tender phase, whether they were related directly to the energy practice or from different practices.’

‘Highly skilled in regulation issues and, unlike other firms, not only popular with the industry but also among customers.’

‘I am very pleased with the high-level legal services provided by Adv. Nadav Olgan, especially with respect to regulation-related matters. He has extremely vast knowledge and the ability to suggest creative legal solutions.’

‘Nadav Olgan is experienced and on top of the professional legal issues. He has strong commercial and marketing skills as well.’

‘After years of experience in working with Adv. Uri Mandel, I would like to note that I am very impressed by his practical and service-oriented approach, as well as by his commitment to a high standard of legal services. Compared to other lawyers I have worked with, Adv. Mandel is very responsive and thorough.’

‘The partners (mainly Uri Mandel) were very involved in the project and demonstrated extensive knowledge. The involvement of Uri was also very helpful in maintaining the relationships between the parties.’

‘Gal Rub is a very good lawyer, exceptionally savvy on the Israeli energy market and its complicated regulations. He is also very commercial and business-oriented and his advice is not purely legal.’

Key clients

PSP Investments Ltd.

Electra Ltd.

EDF Energies Nouvelles Israel Ltd.

Aveeram Wind Ltd.

Invenergy LLC

Afcon Holdings Ltd.; Nisko Group LTD; G-CHARGE; Mega Or Holdings Ltd.

Israel Natural Gas Lines Ltd.

Afcon Construction Ltd.

Yehuda Steel LTD.

El-Mor Electric Installations & Services (1986) Ltd.

Alon Blue Square Israel Ltd.

Tambour Ltd.

Bazan Group

Work highlights

  • Represented PSP Investments, as the license holder of a pumped-storage hydroelectric power plant in Ma’ale Gilboa, on various matters.
  • Acted for EDF on the development of its wind farms, including on the recent development of wind farms in Ein Harod, Geva, and Kfar Yehezkel.
  • Represented Invenergy in its participation in a BOT tender for a major photovoltaic power plant.

FISCHER (FBC & Co.)

FISCHER (FBC & Co.) handles a broad array of energy-related mandates, with strong showings in conventional and renewable transactions, development projects and regulatory issues. The practice is distinguished by its cross-border expertise, and it frequently advises domestic and international clients on multi-jurisdictional matters. Department head Gilad Winkler is recognised for his premier experience in transactional and regulatory matters and recently advised Migdal Insurance on several headline-grabbing energy deals, including its NIS1.2bn investment into Doral LLC (formerly Global Energy Generation). Hagit Horowitz is a talented up-and-coming partner with a presence in large-scale energy projects. Associate Laurence Elbaz-Avisar is ‘very client-oriented'.

Practice head(s):

Gilad Winkler

Other key lawyers:

Hagit Horowitz; Laurence Elbaz-Avisar

Testimonials

‘The team which worked with us on the project included Gilad Winkler and Laurence Elbaz-Avisar. During the project, the team demonstrated extensive knowledge in energy, both with respect to the relevant project and from past experience, as well as in other related practice areas. The team was very available.’

The firm demonstrated professionalism, availability, commitment, practical advice and determination.’

‘The partner (Gilad Winkler) was involved in every phase of the project, in the tender itself and in the relationship between the partners. During our intensive work, Gilad demonstrated high professionalism. Laurence Elbaz-Avisar was very client-oriented.’

Key clients

Generation Capital

Kesem Energy Ltd.

Avner Oil Exploration LP

Bank Hapoalim

Clal Insurance

Delek Drilling LP

EDF Energies Israel Ltd

Negev Ecology

Alon Blue Square Group and GEK Terna

Quadro National Infrastructures Ltd.

A.A.G.R. Renewable Energies Ltd

Starplast Industries (1987) Ltd.

JP Morgan Securities plc

HSBC Bank plc

Eilat Ashkelon Pipeline Company

El Mor Renewable Energies

Harel Insurance

Helios Fund

IDE Technologies Ltd.

Migdal Insurance

Mivtach Shamir Holdings Ltd.

Noble Energy Inc.

OPC Energy Ltd.

Phoenix Group

Shikun & Binui Ltd.

SolarEdge Ltd.

Zabar Solar Ltd.

Ashtrom Energy

Rapak Energy

Tamar Petrolium

Isramko petroleum

Dor Alon

Sunflower

Harel Insurance

Work highlights

  • Advised Migdal Insurance Company on its NIS1.2bn investment in Doral LLC (formerly Global Energy Generation).
  • Assisted Tamar Petroleum, Isramco Negev 2 LP, Alon Natural Gas Exploration and Everest Infrastructures LP, as stakeholders in the Tamar gas reservoir, with their day-to-day operations, including a gas balancing agreement entered into between the Tamar Partners.
  • Advised Migdal Insurance Company, Clal Insurance Company and Poalim Capital Markets on an $850m partnership that will acquire Competitive Power Ventures from Global Infrastructure Partners.

Gornitzky & Co.

Gornitzky & Co. fields specialist offerings in each of energy and natural resources, and infrastructure and project finance, with both departments consistently working hand-in-hand to advise on major energy projects. The firm handles the full range of energy-related issues, including oil and gas exploration issues, the development and financing of power projects, transactional matters and regulations. Jack Smith ‘really understands the oil and gas market in Israel’ and also brings to bear expertise in power-related matters. Itay Geffen combines strong experience in energy and infrastructure and is recommended for large-scale energy projects. Ronit Rozenstein-Barel specialises in project finance work, where she acts for both lenders and sponsors.

Practice head(s):

Jack Smith; Itay Geffen; Ronit Rozenstein-Barel

Other key lawyers:

Yiftah Farber; Maya Dvir

Testimonials

‘Gornitzky is well known for its high level of service. We work with them for their creativity, their high attention to detail and, most importantly, the added value that comes from their experience and knowledge in the business world. The partners and lawyers we work with are professional and well informed. They have good synergy in the team, as well as between teams, and that brings comfort to you as a client.’

‘The most important strength is the enormous legal knowledge they have and the deep familiarity with the Israeli business environment. The team is very knowledgeable on everything that has to do with our industry. The team is super responsive to our needs and is always ready for any challenges.’

‘A well diversified, top-notch, true one-stop-shop encompassing all legal fields. Partners strongly complement each others skills in a seamless, cohesive way. Depth of expertise is outstanding.’

‘Jack Smith is truly an outstanding partner. He has deep knowledge in energy and commercial law, probably a top-3 individual in the Israeli Oil & Gas legal space. Combines strong business acumen with the legal skills to deliver a total package for his clients.’

We were very impressed with Jack Smith and team – Jack really understands the oil and gas market in Israel.’

Most of our work with Gornitzky in the projects field is with Yiftah Farber, who is a brilliant lawyer. Yiftah is always familiar with the small details, and he gives the feeling that each initiative is personal to him. He is sharp and makes the people he works with feel comfortable. If you run a new initiative, you’ll want Yiftah there to represent you and provide his valuable input.’

Yiftah Farber advised us on a complex project that required a comprehensive understanding of legal and commercial aspects of projects. The fascinating thing about Yiftah is his familiarity with all the different aspects of the project, it is clear he has extensive experience in the field of projects and infrastructure.

Maya Dvir works alongside Yiftah in the projects practice and does a great job. Maya is an excellent and experienced lawyer with impressive knowledge in the field of infrastructure, and we feel that when she is on board, we receive outstanding legal services that include creative solutions to both legal and commercial aspects.’

Key clients

Tazpit Energy Ltd.

S’ENERGY HOLDINGS, LIMITED PARTNERSHIP

SUNFLOWER SUSTAINABLE INVESTMENTS LTD.

Generation Capital Ltd.

G.E.S. Global Environmental Solutions Ltd.

Keystone Reit Ltd.

Mivtah shamir Holdings Ltd.

Shikun & Binui Energy Ltd.

Brenmiller Energy Ltd.

Noy Fund Ltd.

OPC Energy & OPC Rotem

Reindeer Energy

Cairn Energy

Zomet Energy

Siemens Power Generation

IPM Beer Tuvia

Ratio Oil Exploration (1992) L.P

Navitas Petroleum L.P

Isramco

Tamar Petroleum

Dor Energy

Everest Infrastructures

Allied Investments

Union Investment

Danya Cebus Ltd.

Phoenix Insurance company Ldt.

Menora Mivtachim

Excellent Gemel

Clal Insurance Company Ltd.

Melisron

The Phoenix Investment and Finances Ltd.

Amitim (Senior Pension Funds).

Work highlights

  • Represented the majority owners of the Tamar gas field (Isramco, Tamar Petroleum, Dor Energy and Everest Infrastructures) in a landmark gas balancing agreement.
  • Represented Shikun & Binui Energy on the construction, operation, maintenance and financing of a floating photovoltaic plant with a capacity of 23MW.
  • Represented OPC Energy in the negotiation of an agreement with IDE Technologies to construct an independent power plant to support IDE’s desalination facility.

Herzog Fox & Neeman

On the power side, Herzog Fox & Neeman‘s full-service energy practice is recognised for its experience in representing sponsors, developers and lenders in both conventional and renewable energy projects. On the oil and gas front, it advises licence-holders, operators and lenders on the development of natural gas assets. Adam Eytan is highly regarded for his track record in advising foreign and local clients on the development and financing of energy projects. Mark Phillips is hailed by sources as ‘one of the top energy financing lawyers in Israel‘, and Eran Wagner also has a focus on project finance.

Practice head(s):

Adam Eytan; Mark Phillips

Other key lawyers:

Eran Wagner; Zara Gold; Guy Yekutiel

Testimonials

‘HFN assists us with our energy projects, which typically consist of a plethora of interconnected legal agreements and issues. As an arranger, I seek a legal advisor who will be able to encompass all legal data, in such way that issues from the concession agreement will be taken into account when setting the requirements in the EPC agreement or setting the covenants in the finance agreement. HFN knows how to do that, they are rapid, sharp and creative.’

‘The HFN team is characterised by: creative at finding viable solutions where possible or outline the residual exposure and weight it with us – in that sense, they are very commercially oriented; patient in listening to other views (clients or counterparties) and take the time to explain their views to non-lawyers; staying on schedule and 24/7 available for our needs.’

‘Trustworthy, highly professional team, always a pleasure to work with.’

‘A very strong practice within a top-tier firm so, in addition to the energy expertise, you can be sure you’ll get excellent advice on any issues that arise in any ancillary areas—regulatory, M&A, etc.’

‘A very professional and experienced team.’

‘Lawyers have very high availability and think out of the box to find solutions.’

‘Mark Phillips is one of the top energy financing lawyers in Israel. Zara Gold is a rising power in this practice.’

‘Mark Phillips is a pleasure to work with, always calm and cool.’

Key clients

Bank Hapoalim BM

Bank Leumi Le-Israel BM

Israel Electric Corporation

Mizrachi Tefahot Bank Ltd.

Deutsche Bank

Enlight Renewable Energy Ltd.

IPP Ramat Gavriel

IPP Alon Tavor

Wind Bereshit LP

Meshakim and Partners – Limited Partnership

Haifa Chemicals Ltd.

Emek Habacha Wind Energy Ltd.

Star Pumped Storage Ltd.

Work highlights

  • Advised Mizrachi Tefahot Bank, and other lenders, on the project financing of a pumped storage project at Manara.
  • Advised Israel Electric Corporation on the sale of the Ramat Hovav power plant.
  • Represented Enlight Renewable Energy on the NIS1.1bn refinancing of five photovoltaic power plants projects in Israel.

Krispin Rubinstein Blecher Law Offices

Krispin Rubinstein Blecher Law Offices houses a prominent energy practice, which is routinely involved in electricity and natural gas-related projects. The firm advises on the full life cycle of matters, with a focus on commercial arrangements, including EPC contracts and power purchase agreements. Key figure Amit Krispin is particularly sought after for his broad commercial and regulatory expertise. Commercial and corporate head Sagit Chen has a focus on transactional energy matters, including joint ventures, M&A and tenders. Israel Shooker is also noted for energy transactions.

Practice head(s):

Amit Krispin; Sagit Chen

Other key lawyers:

Israel Shooker; Daniel Henis Noyman; Irit Karat-Segal

Key clients

Edeltech Group

Shikun & Binui Group

Ramat Hovav Power Plant

Haifa Group

Menora Energy

Canadian Solar

Enlight

IPP Forum

Darom Gas / Negev Gas

Alon Blue Square (jointly with Oficiency)

Rafael Defence Systems

Hadassah Medical

Nofar Energy

Mishkei Hadarom Energy

Supergas Natural Gas

Tnuva

Greif (Pachmas Factory)

G.P Global Power

Zomet Energy

I.P.M. Beer Tuvia

Tamar (Mishor Rotem Power Plant)

Winds Valley

Nesher Pumped Storage

Etgal Power Plants

Etgal Investments

Nesharim Leading Energy

P.P. Delek Sorek

Ashdod Energy

Alon Energy Centers

Dorad Energy

I.P.P Alon Tavor

Work highlights

  • Advising Edeltech Group and Shikun & Binui Group on all stages and aspects relating to the tender, and subsequently the sale and handover process, for the Ramat Hovav Power Plant.
  • Advising a joint venture, comprising Canadian Solar and Menora Mivtachim Energy, on the development of a series of PV solar projects throughout Israel, with an aggregate capacity of 150MW.
  • Advising Haifa Chemicals on the framework of the commercial agreements required for the construction and operation of an integrated Ammonia production and co-generation power plant in Mishor Rotem.

Lipa Meir & Co

Lipa Meir & Co stands out for its track record in kibbutzim and it advises Kibbutz Economies Group, owners of the largest vacant land potential in Israel, on its energy-related activities. The firm also routinely advises government entities and private energy companies on the development and financing of energy projects. Zuriel Lavie has a focus on projects and infrastructure and specialises in assisting sponsors and the government with the development of power plant and solar installation projects. Corporate head Uzi Mor specialises in energy-related corporate and finance transactions.

Practice head(s):

Zuriel Lavie; Michal Schwartz; David Weinstein; Uzi Mor

Key clients

Dalia Power Energies

Meshek Solar Energy

Ella Power Energies

The Kibbutz Economies Group

Ginegar

Kibbutz Alumim

Kibbutz Beit Keshet

Ganir

Gan Shmuel

Dimona Renewable Energies Groupe

Work highlights

  • Represented Dimona Renewable Energies in a tender for the finance, design, construction, operation, maintenance and transfer of a solar photovoltaic project near Dimona.
  • Represented Ella Power Energies in the tender process to purchase the Hagit East 660MW power station, as part of the ongoing reform of the electricity sector.
  • Advised Dalia Power Energies on various ongoing matters.

Meitar Law Offices

Meitar Law Offices‘ group combines strength in both regulatory and transactional matters, with sources also commending its ability to draw on other departments across the full-service firm for support in large-scale projects. On the oil and gas side, the group handles upstream, midstream and downstream-related matters, while its electricity expertise spans the conventional, cogen and renewable sectors. Renelle Joffe is considered by many as a ‘definite leader in energy law‘ and is noted for her strength in domestic and cross-border matters. Elad Sharabani‘s broad focus spans energy-related regulation, transactions and tenders.

Practice head(s):

Renelle Joffe

Other key lawyers:

Elad Sharabani; Avi Licht; Naomi Peled; Jonathan Finkelstone; Dana Marciano

Testimonials

‘The best and most innovative energy team in Israel.’

‘Dedicated professionals that are client-oriented and strive to deliver optimal results. As a firm, Meitar is Israel’s leading international law firm and their practitioners’ backgrounds and skill sets support this statement.’

‘Meitar’s knowledge and understanding of the energy market is one of the best. The team is diverse and has the ability to consult, when needed, with other teams within the law firm which specialise in other fields to give the client an overall coherent legal advice.’

‘Led by the phenomenal Renelle Joffe, this team is Israel’s leader in terms of energy law practice.’

‘Renelle Joffe, head of the energy practice, is a definite leader in energy law in Israel, well above any other lawyer in terms of gas agreements.’

‘Renelle Joffe is the best oil & gas lawyer in Israel (and a few other places too).’

‘Renelle Joffe is one of Israel’s top three energy lawyers. She has a mind like a steel trap, she understands, analyses and offers solutions to complex issues better and quicker than her peers, by a wide margin. Obviously this is somewhat attributed to her vast experience, but also an innate ability to think outside the box.’

‘We’re mainly working with Dana Marciano, Adv. Dana has a deep and round understanding of both our individual needs and the legal overall ambience that we are working in. Dana manages, time after time, to give us new and insightful opinions on any issue that we raise with her.’

Key clients

Energean Israel Limited

Enegean Plc

Energean Israel Finance Ltd.

Naphtha Israeli Oil Company Ltd.

Bank LEUMI B.M.

Super NG Natural Gas Distribution Company Ltd

BAZAN Group – ORL (oil refineries)

Mitsubishi Power Aero LLC

Oxygen & Argon Works Ltd. (a subsidiary of Air Products and Chemicals Inc.)

Work highlights

  • Represented Energean Israel Finance in a $2.5bn bond offering under the US Securities Act Rule 144A.
  • Represented Mitsubishi Power Aero LLC, which serves as the EPC and maintenance contractor of a 396MW natural gas-fired power station, in all matters regarding its EPC contract.
  • Advised Doral Energy on drafting EPC agreements and also on regulatory matters concerning the construction of renewable energy projects.

Shibolet & Co.

Shibolet & Co.‘s group acts for sponsors, lenders and governments on the full range of energy projects and corporate finance transactions. The team is well versed across all core industries, with its recent work covering conventional and renewable electricity, oil and gas and utilities. Alon Ziv enjoys a strong reputation for project finance and is routinely called upon by Israeli lenders for support on projects in Israel and abroad. Additionally, Revital Ben-Artzi is noted for multi-jurisdictional projects, while Orit Marom-Albeck‘s strong background in environmental law translates into a strong renewable and cleantech practice. The group was recently boosted by the arrivals of project finance and energy partner Shlomit Hess, who joined from Yehuda Raveh & Co., and banking and finance partner Nilly Alshech Raviv, who joined from Mizrahi-Tefahot Bank.

Practice head(s):

Alon Ziv; Revital Ben-Artzi; Orit Marom-Albeck

Other key lawyers:

Shlomit Hess; Nilly Alshech Raviv; Ariel Sheffer

Key clients

Paz Ashdod Refinery Ltd.

Meitav Dash Investment Ltd.

Menora Mivtachim Insurance Ltd.

Delek Group

Clal Insurance Ltd.

Phoenix Insurance Company Ltd.

Rafael Advanced Defence Systems Limited

Netafim Limited

Siemens AG

Haifa Chemicals Ltd.

Shikun & Binui

Ellomay Pumped Storage (2014) Ltd.

Bank Leumi

Helios Energy Investments

EMERGY

Blue Sphere Corporation

Solegreen Ltd.

Global Sun Israel, L.P (Arava Power Company Ltd.)

Poalim Capital Markets – Investment House Ltd

Eilat Eilot Renewable Energy Ltd.

Yevuley Shemesh Ltd.

F.K. Generators and Equipment Ltd.

Harel Insurance Ltd.

Capital Nature Ltd.

Altshuler Sacham Ltd.

Telemenia Ltd.

Effisolar Enterprises Ltd.

Ralco Energy

Work highlights

  • Representing Ellomay Pumped Storage (2014) and Ellomay Capital in all aspects of a NIS1bn 340MW pumped-storage project in Manara Cliff.
  • Representing a consortium of Israeli financial institutions (Altshuler Shacham, Clal Insurance Company, Amitim Pension Fund, Poalim Capital Markets) in the development, construction and financing of the largest photovoltaic renewable facility in Europe.
  • Representing EMERGY in the acquisition of Windvision Serbia Holding BV from Windvision BV.

Tadmor Levy & Co

Tadmor Levy & Co. maintains a strong record in advising on infrastructure project tenders issued by the state — notably, the firm was appointed by the government to prepare the template agreement used for all energy and infrastructure PPP projects in Israel. On the private sector side, the group advises a varied mix of domestic and foreign lenders and sponsors on oil and gas, conventional power and renewable energy projects. Noa Meidan specialises in project finance and infrastructure work and is recognised for her strong experience in advising the government on infrastructure tenders. Asher Bichoonski is also noted for project finance matters.

Practice head(s):

Noa Meidan

Other key lawyers:

Asher Bichoonski; Yossi Daniel

Key clients

Accountant General, State of Israel

Ministry of Environmental Protection

Bank Leumi le-Israel B.M.

Ramat Negev Energy Ltd. and Ashdod Energy Ltd.

Israel Discount Bank Ltd.

Sinohydro Corporation Limited

Work highlights

  • Acted for the State of Israel on a tender for the financing, design, construction, operation and maintenance of a facility for treatment of biodegradable organic fraction of municipal solid waste.
  • Advised Menora Mivtachim on its collaboration agreement and co-investment with Enlight Renewable Energy and Spanish entrepreneurs to develop a 300MW wind energy farm in Spain.
  • Acted for China’s Sinohydro Corporation on the review and negotiation of the EPC agreement for the construction of a new hydroelectric pumped-storage power plant to be built in northern Israel.

Barnea Jaffa Lande & Co.

Barnea Jaffa Lande & Co. acts for a significant volume of international energy clients on their transactional and regulatory matters, recently adding power companies from China and Europe to its roster. The group also represents major Israeli clients, including kibbutzim, across the natural gas, conventional power and renewable energy fields. Corporate head Simon Jaffa is noted for his experience in national and cross-border infrastructure projects and project finance transactions. Hagit Ben Moshe advises kibbutzim, moshavim, and co-operative societies on renewable energy projects.

Practice head(s):

Simon Jaffa

Other key lawyers:

Hagit Ben Moshe; Uri Hillel; Samuel Henri Samuel

Testimonials

‘A solid team with particular skill in acting for foreign investors into Israel.’

‘Simon Jaffa is very knowledgeable and is always a pleasure to interact with.’

‘The team is always available and very reactive.’

‘Samuel Henri Samuel is very reactive and available and always provides hand-on solutions which helps our business.’

Key clients

Israel Natural Gas Lines Ltd.

GE Wind Energy

Nofar Energy

Work highlights

  • Providing ongoing advice to Israel Natural Gas Lines, a state-owned corporation established to construct and operate the national gas transmission system.
  • Advising GE Wind, a subsidiary of General Electric, on its activity in Israel.
  • Representing Nofar Energy in various matters, including the purchase of a controlling interest in a US entity operating projects in the photovoltaics field.

Epstein Rosenblum Maoz (ERM)

Epstein Rosenblum Maoz (ERM) is arguably best known for its activity in the power field, with sources particularly highlighting the firm as ‘Israel’s leader in the renewables sector‘. The group also advises on conventional power projects and oil and gas matters for clients including local and international sponsors, contractors and lenders. Amnon Epstein leads the firm’s projects and banking and finance practices and advises on a range of oil and gas, power and waste projects. Transactional partner Asaf Rimon is noted for his focus on oil and gas work, while associate Chen Weiss is an ‘up-and-coming star‘.

Practice head(s):

Amnon Epstein; Asaf Rimon

Other key lawyers:

Chen Weiss

Testimonials

‘ERM are Israel’s leader in the renewables sector. They are considered the ‘go-to-firm’ in our photovoltaic world and they are drafted in for all our and other leading Israeli renewables companies. The ERM team has the required depth, being one of Israel’s largest renewables team.’

‘In my experience the team is focused, efficient and knowledgeable in the energy sector. Great response times and willing to negotiate reasonable fees.’

‘Very practical and personal. Efficient and get the job done. Cost-effective and able to do the same job as the bigger firms more cost-effectively.’

‘Amnon Epstein – Mr. Renewables – has been leading our sector from day 1 in 2008 and has 13 years of experience acting for sponsors, banks and EPC contractors. His value in our transactions is immense, he is well respected by all players, including the regulator, and is able to provide the extra touch on the most complex transactions.’

‘Amnon Epstein is a great to deal with, very clever and incredibly likable. Asaf Rimon is dynamic and very commercial.’

Amnon Epstein and Asaf Rimon – both highly qualified with extensive international experience and compliance with international standards.’

‘We worked mainly with Asaf Rimon. He is truly one of a kind – a pioneer in cross-border transactions in the oil & gas industry. He is one of the very few lawyers with actual (extensive) international experience in this practice, so he truly understands the complexity of each deal and has his way to simplify everything and make things happen! His unique input has no comparable.’

Chen Weiss — an up-and-coming star — is very precise and knowledgeable and always a pleasure to work with.’

Key clients

Abengoa

Afcon

Bank Leumi

BNP Paribas

Bombardier

Credit Agricole

Downer Group

Enlight Energy

Evoqua Water Technologies

Generation Fund

Global Power

Globalvia

Goldman Sachs

Hutchison Water International

IIF (Israel infrastructure fund)

Israel Opportunity Energy Resources

K.N. Solar

Kibbutz Economies Group (Mishkei Hakibbutzim)

Macquarie

Minrav

Mivtach Shamir

Mekorot Water Company

Natixis

Noy Fund

Oshrad Group

The Phoenix insurance company

PMEC

Prime Energy

Ratio Oil Exploration

Shikun & Binui

Société Générale

Solaer

Solegreen

Tahal Group

Turbo Gen

Veridis

Work highlights

  • Advised Bank Leumi on renewable financings, which included advising on loans worth around NIS2bn over the past year.
  • Advised Scatec and Solegreen on a tender for the design, financing, and construction of a 300MW photovoltaic power plant in Dimona.
  • Advised Mekorot on its international tenders and power purchase agreements.

Goldfarb Seligman & Co.

Goldfarb Seligman & Co. leverages its top-tier corporate and M&A practice to pack a punch in advising on major energy transactions, such as its recent advice to Supergas on its $25.5m acquisition of 30% of the shares of Balanced Rock Power by its US subsidiary, SG Energy. The group also handles energy infrastructure projects and regulatory matters. Transactional specialist Rami Sofer represents public and private entities on infrastructure projects, with strong recent experience in power projects. Corporate and capital markets partner Oren Reif is also noted for his ‘extensive experience in infrastructure and energy transactions‘.

Practice head(s):

Rami Sofer

Other key lawyers:

Oren Reif

Testimonials

‘A very strong team with diverse capabilities. They are experts in energy and infrastructure regulation and related litigation, and give excellent counsel and important insights taking into account the broader commercial picture.’

‘We are a small company with a lot of legal needs. After some time it feels like the legal team became an integral part of the company.’

‘Very professional team with strong business acumen, particularly Rami Sofer.’

‘Oren Reif is an experienced attorney with peerless expertise in the energy and infrastructure field. His deep understanding of both regulations and the evolving market make him a top-notch advisor who can offer creative legal counsel on new, innovative matters.’

‘Oren Reif has extensive experience in infrastructure and energy transactions. He intelligently led us in a very complex transaction. Mr Reif is highly professional, efficient, commercially oriented and demonstrates the high end of dedication to clients.’

Key clients

Israel Electric Corporation (IEC)

Noble Energy Inc.

Shikun & Binui – Solel Boneh – Infrastructure Ltd.

Danya Cebus Ltd.

Shapir Civil and Marine Engineering Ltd.

Supergas Energy Ltd.

Alon Energy Centers Ltd.

TEN – Petroleum Company Ltd.

Negev Natural Gas Ltd.

DaromNatural Gas Ltd.

Ezom Ltd.

SolelAben EPC Ashalim Limited Partnership

TSK Group

Isa Khoury Metal Industry Ltd.

Kolbo Gas Ltd.

Dor Alon Gas Technologies Ltd.

Amisragas – the American Israeli Gas Corporation Ltd.

SBges EPC JV

Solegreen Ltd.

Elbatech Ltd.

Dor Group

Eilat Ashkelon Pipeline Company (EAPC)

Work highlights

  • Representing Supergas Energy in its $25.5m acquisition of 30% of the shares of Balanced Rock Power (BRP) by its US subsidiary, SG Energy, alongside a $50m investment in BRP projects.
  • Advising Coca Cola Israel (The Central Bottling Company) and its subsidiaries on the development and establishment of several small power plants within its factories.
  • Representing SBges EPC JV, a joint venture established by GES of the Azrieli Group and Shikun & Binui Group of the Arison Group, as the lead construction contractor for the construction of the Shafdan energy and waste treatment project.

Gross Law Firm – GKH

Gross Law Firm – GKH has recently handled a steady stream of energy-related project tenders, with particular activity in the power sector. On the oil and gas front, it advised several companies under the Rapac Energy group on the purchase of natural gas from Energean, worth $2.7bn. Former group head Anat Klein left to establish her own firm, Klein & Co Energy & Infrastructure. Yotam Leshem, who recently joined from Tadmor Levy & Co., now leads the project finance and energy department. Tal Danon Shenhav heads up the tenders and infrastructure practice and specialises in advising the State of Israel on infrastructure projects.

Practice head(s):

Yotam Leshem; Tal Danon Shenhav

Other key lawyers:

Yoav Friedman

Testimonials

‘The team demonstrates availability to the client; is good at multi-tasking, handles multiple tasks simultaneously; has high level of readiness before meetings; displays control of materials at a professional level.’

‘The practice is unique both in its responsiveness and client service and even more with respect to its out-of-the-box thinking and its ability to find creative solutions.’

‘The key individual is Yotam Leshem, the head of the department. Yotam is a very fast thinker and commercially oriented and is a great negotiator — additionally he has a great hands-on approach (emails at every hour of day and night).’

‘Yotem Leshem is an experienced lawyer who is willing to be involved in complex finance transactions with urgent time frames. His creativity is well appreciated.’

‘The key individual is Yotam Leshem, the head of the department. Yotam is very engaged and hands on with respect to all the projects we are working with him. He is very dedicated, creative and commercially oriented.’

‘Yotam Leshem and Yoav Friedman are skilled advocates, who provide a full, professional and fast legal service. Yotam Leshem demonstrates control over all issues that come to his attention and knows how to delegate powers to his staff.’

Key clients

Rapac Energy Ltd.

MRC Alon Tavor Power Ltd.

GES Global Environmental Solutions Ltd.

Shapir Civil and Marine Engineering Ltd.

Bank Hapoalim B.M.

Bank Leumi B.M.

Discount Bank Ltd.

Menorah Mivtachim Insurance Company Ltd.

Phoenix Insurance Company Ltd.

Mivtach Shamir Holdings Ltd.

China Harbor Engineering Company Ltd.

Pan Mediterranean Engineering Company Ltd.

Quadro National Infrastructure Ltd.

Amiad Water Systems Ltd.

BlueBird Aero Systems Ltd

Generation Capital Ltd

Herbert Smith Freehills (China)

Ramat Hasharon Municipality

Solel Boneh Infrastructure Ltd

The Governmental Companies Authority

Solel Boneh – Shikun Binui

The Ministry of Health

The Ministry of Finance, Ayalon Highways and Inbal Insurance Company

The Ministry of Finance, Procurement Administration

The Ministry of National Infrastructures, Energy and Water and the Geological Institute of Israel

The State of Israel and Cross Israel Highways Ltd.

The Ministry of Finance, The Housing Administration

Vulcan Power Consulting & Security Ltd.

Nemo Data

Mekorot Water Company Ltd.

Work highlights

  • Represented several companies under the Rapac Energy group on the purchase of natural gas from Energean.
  • Advised Shapir Civil and Marine Engineering and GES Global Environmental Solutions on their participation in the tender for the acquisition of the concessionaire and the operator of the Ashdod desalination plant.
  • Represented Rapac Energy, Mivtach Shamir and CHEC in their participation in the tender for the purchase of the Ramat Hovav power plant.

M. Firon & Co Advocates and Notaries

M. Firon & Co Advocates and Notaries acts on an increasing volume of multi-jurisdictional energy matters, including advising foreign entities on their local operations and also following Israeli clients abroad. The team covers the full scope of energy matters, from public tenders, through to financings and disputes. It also demonstrates broad industry experience, with its recent work covering power (both conventional and renewable energy projects) and oil and gas matters. Tamar Firon-Smorodinsky leads the infrastructure, projects and real estate departments and brings to bear strong expertise in PPP projects.

Practice head(s):

Tamar Firon-Smorodinsky

Other key lawyers:

Timor Pesso

Testimonials

‘M. Firon’s team is very dedicated and devoted to the clients’ needs. The team is very professional, has profound knowledge of the energy sector and regulatory framework. The team has exceptional market experience, and assists us in all major transactions we conduct in Israel and internationally. It is no wonder that we exclusively work with Firon for all major transactions in Israel and in Europe.

M. Firon is a top law firm. Excellent quality professionals, very knowledgeable in the field, truly understands client business and needs, and provides support to clients of the highest standards.’

Possess extraordinary knowledge of the infrastructure sector and the energy market; the team is always up-to-date and well prepared. I appreciate their availability and client service. They will make an extra effort to understand our needs and find the best legal way to get what we need. Greatly recommended as a leading law firm for a starting project.’

The team is very professional and dedicated to the client, and very creative in finding solutions which are acceptable to both parties. Also, the team is knowledgeable about the regulatory framework in the energy sector in Israel and very responsive.’

Tamar Firon-Smorodinsky is an outstanding professional. Dedicated, reads the market perfectly and knows how to handle a project from all its angles. She knows how an entrepreneur thinks and what they need, which makes her perfect for advising projects from scratch. She has a special way of analysing things which gives you a point of view you didn’t think of.

Timor Pesso is our legal go-to guy person. He is very smart, a true deal maker, knows to identify obstacles and also to provide solutions that will be acceptable to all parties. he is a first-rate expert in all areas of energy law. It is a real pleasure to work with him.

Timor Pesso, in my opinion, is one of the top lawyers in the Israeli energy sector. He is very pragmatic and knows how to get the best results. He knows how to promote a project and is always attentive.

Timor Pesso is very clever and smart, knows to close deals, is always available, dedicated and responsive. He gains the confidence of both parties and works intensively to achieve the best results for clients.’

Key clients

EDF EN (Israel) Ltd

Orot Rabin

Harel Insurance Company

Masdar Fund

Chevron

Isramco Negev 2

Zorlu Enerji Elektrik Uretim

Nofar Energy

Focal Energy

Veridis

Delek

Work highlights

  • Acted for EDF and Masdar on a BOT tender for the construction of a new photovoltaic project located near Dimona.
  • Represented Orot Rabin, a subsidiary of the Israel Electric Corporation, in the construction and operation of two gas-operated power stations.
  • Represented Harel Insurance Company in the refinancing of seven of EDF’s solar energy projects in Israel, totalling NIS1bn.

S. Horowitz & Co

S. Horowitz & Co leverages its premier dispute resolution expertise to shine in representing energy companies in administrative proceedings, including complex litigation. It also advises on energy financings and project tenders. Litigator Yehoshua Horesh is noted for energy disputes, including construction-related cases. Shlomi Delgo is a key contact for energy transactions. Eran Bezalel and Amit Steinman are also noted.

Practice head(s):

Yehoshua Horesh; Aharon Bloch; Shlomi Delgo; Eran Bezalel; Benjamin Sheffer; Lior Mimon

Other key lawyers:

Amit Steinman

Testimonials

‘The S. Horowitz team is highly professional. Every task, even the most residual one, is performed with the highest attention to detail (without forgetting the essence) and in a structured and orderly manner. The team knows the business, as well as the law disciplines they deal with.’

‘We have been working with Adv. Amit Steinman and Adv. Shlomi Delgo for many years. They are both highly professional, reliable and affable to work with. They have many years of experience, a lot of legal and business knowledge and they know how to identify and accomplish their client’s most important goals.’

‘S. Horowitz & Co. has assisted us in energy project finance transactions. These type of transactions encompass a plethora of interconnected legal agreements and issues (concession, license, EPC, O&M, land lease and more). The S. Horowitz & Co. teams are characterized by their very detailed analysis of all agreements.’

Key clients

Paz Oil Company Ltd.

Mizrahi-Tefahot Bank Ltd.

The Israel Electric Corporation Ltd (IEC)

Israel Infrastructure Fund (IIF)

Minrav Group Ltd.

SolelAben EPC Ashalim, L.P

Nextcom Energy Ltd.

IDE Technologies Ltd. and S.M.S IDE Ltd.

Ashdod Port Company Ltd.

Work highlights

  • Represented Paz Oil Company in numerous regulatory and contentious proceedings, including in several multimillion-dollar commercial and antitrust disputes.
  • Advised a syndication of lenders led by Mizrahi-Tefahot Bank on a refinancing transaction to replace loans and credit lines granted in connection with the construction of two private power plants.
  • Advised Israel Electric Corporation on a series of international tenders for the sale of power plants owned by the IEC as part of the obligations imposed by the IEC’s reform in the electricity sector.

Yehuda Raveh & Co.

Yehuda Raveh & Co. houses a robust project finance practice, which strikes a balance between acting for lenders and sponsors on energy projects. The firm is well versed in all energy sectors, with experience in natural gas, conventional power and renewable energy projects, and it also advises on licensing issues, tenders, and construction, operation and regulatory matters. Department head Ron Vered specialises in project finance and infrastructure law, with a focus on representing borrowers, funds and financial institutions.

Practice head(s):

Ron Vered

Testimonials

‘They understand the business and its unique approach and needs.’

‘Lawyers prepare the deal to support all aspects that will be need to pass finance and regulations.’

Key clients

Bank Leumi Le-Israel B.M

Bank Hapoalim

Israel Discount Bank

Dan Capital

Amitim Group

Israel Infrastructure Fund (IIF)

Shikun & Binui – Solel Boneh – Infrastructures Ltd.

Tammuz Growth Fund

Harel Insurance Group

Dalia Power Energies Ltd.

Enlight Renewable Energy Ltd.

Dor Alon Group

Mivtachim Menora Insurance Group

Altshuler Shaham investment house and Migdal Group

Electra Group

Naturgy

Nextcom

Minrav Group

Work highlights

  • Acted for Bank Hapoalim on the financial closing of a project involving two wind turbine farms housing 26 turbines.
  • Represented Menora Mivtachim Insurance Group in a financing transaction, together with Keystone Fund for the Edeltech Group, concerning its purchase of the Ramat Hovav power plant.
  • Acted for the partnership of Nextcom Group and Minrav Group on a range of wind energy projects.

Yigal Arnon & Co

Yigal Arnon & Co recently advised financial institutions on a slew of energy-related finance transactions, including advising a syndicate of lenders on a $650m project financing to Ratio Oil Exploration Limited Partnership to support its activity in the Leviathan offshore natural gas project. The group also specialises in advising the state on energy tenders. Doron Tamir focuses on advising public bodies and private entities on infrastructure projects and tenders. Simon Weintraub is recommended for his oil and gas expertise. David Schapiro is noted for transactional energy matters.

Practice head(s):

Doron Tamir; Simon Weintraub; David Schapiro

Testimonials

‘Yigal Arnon & Co has represented the government in most major energy tenders published by the state. Doron Tamir has wide and extensive knowledge of the energy market and government policy, and the skill to combine them into contractual project documentation, according to the developing needs of the market.’

‘Doron Tamir knows how to attain the needs of all parties to the deal and make it happen.’

‘The team has a very strong banking and finance practice and has very good knowledge of the Israeli oil and gas sector. Simon Weintraub is highly recommended.’

‘Simon Weintraub is able to provide a pragmatic approach drawing on recent market experience.’

‘Simon Weintraub and his team are very acquainted with sophisticated and complex energy transactions in the space and internationally, which gives them a cutting edge over other firms.’

‘Simon Weintraub is a fantastic lawyer who is business driven and practical. He brings a lot of common sense to the table and is a pleasure to work with.’

Key clients

Siemens Israel Ltd.

JPMorgan Securities Plc

Morgan Stanley

Goldman Sachs Group

HSBC Bank PLC

BNP Paribas

Israeli Government

Solaer Israel Ltd.

Inbal Insurance Company Ltd.

Rimon Consulting & Management Services Ltd.

Wärtsilä Corporation

Leader Capital Markets Ltd.

Barak Capital Ltd.

Phoenix Holdings Ltd.

Schlumberger Limited

INGL (Israel Natural Gas Lines Ltd)

Mizrahi Tefachot Trust Company Ltd.

Work highlights

  • Advised HSBC Bank and JP Morgan, as lead underwriters, on the $2.2bn global Rule 144A bond offering by Delek Drilling Limited Partnership.
  • Advised JP Morgan and Morgan Stanley, as joint bookrunners and lead arrangers, on Energean’s $2.5bn global Rule 144A bond offering.
  • Advised the lead arrangers, HSBC Bank and BNP Paribas, together with a syndicate of lenders, on a $650m project financing to Ratio Oil Exploration Limited Partnership to fund Ratio’s commitments to the Leviathan offshore natural gas project.

Yossi Levy & Co

Yossi Levy & Co houses a prominent project finance team that is often instructed to advise on energy-related work. The group is particularly experienced in power projects, with its recent work covering pumped-storage hydroelectric plants, solar power projects and gas-fired facilities. It is also frequently involved in natural gas-related matters. Name partner Yossi Levy specialises in advising on tenders and infrastructure projects.

Practice head(s):

Yossi Levy

Key clients

The Israel Airport Authority (IAA)

Israeli Roads – The National Company for Transportation Infrastructures Ltd.

Clalit Health Services

Electra Group

Afcon Holdings Ltd.

Shikun & Binui Ltd.

Afcon Construction Ltd.

Work highlights

  • Represented PSP Investments, as the licence holder of a pumped-storage hydroelectric power plant in Ma’ale Gilboa, in ongoing matters.
  • Represented a group of institutional investors (Phoenix Insurance, Menora Mivtachim Insurance and Meitav Dash) in extending a $150m mezzanine loan to Megalim Solar Power.
  • Advised Israel Airport Authority on the construction of an energy generation facility at the Ben-Gurion International Airport.