Hall Of Fame

Rising Stars

Energy in Israel

Agmon with Tulchinsky Law Firm

A destination practice for oil and gas matters, Agmon with Tulchinsky Law Firm ‘embodies legal excellence in M&A, energy, and commercial law’. The team has played a leading role in the development of the major natural gas projects in Israel, where it frequently advises all of the partners in the key producing gas fields: the Leviathan and Tamar reservoirs. Alongside its dominant position in the oil and gas sector, the group also counts major independent power producers and renewable energy companies among its clients. Dan Hacohen is widely acclaimed as ‘the dean of Israeli oil and gas lawyers’ and spearheads a department that also includes go-to energy expert Eddie Ashkenazi. Michael Macchia is an up-and-coming electricity regulation specialist.

Practice head(s):

Dan Hacohen

Other key lawyers:

Eddie Ashkenazi; Uri Rosenberg; Michael Macchia; Rebecca Baskin Zafrir, Lior Revach; Mai Kohen


‘Very knowledgeable of the sector. The team is the best in Israel and its lawyers are very sharp; we highlight Dan Hacohen.’

‘Without a doubt, Agmon with Tulchinsky Law Firm, and specifically Eddie Ashkenazi’s team, embodies legal excellence in M&A, energy and commercial law.’

‘The team’s strategic brilliance in M&A transactions, mastery of the intricate energy sector and savvy in commercial matters has consistently delivered unparalleled results. Its client-centric approach, unwavering accessibility and unwavering commitment to our success makes it our top choice for legal counsel.’

‘Eddie Ashkenzi excels due to his exceptional expertise, unwavering dedication, knowledge in renewable energy and unwavering professionalism. His profound legal knowledge, prompt responsiveness and proactive strategic-thinking consistently exceeds our expectations.’

‘The leading energy practice in the Israeli market, particularly with respect to upstream oil and gas where the firm dominates.’

‘Dan Hacohen is the dean of Israeli oil and gas lawyers.’

‘The team’s key strength is its people. In particular, their combination of in-depth knowledge and approachability is unique.’

‘Michael Macchia is outstanding: he has taken all the information and knowledge he gained during his government service and has made it available to his clients.’

Key clients

Chevron Corporation

NewMed Energy


Delek Group

Tamar Petroleum

Ratio Energies

Navitas Petroleum

S.O.A Energy

Alon Gas

Dalia Power Energies

I.P.M. Beer Tuvia

Rapac Energy

Paz Ashdod Refinery

Paz Group


Veridis Environment

O.P.C Energy

Rimon Group

Doral Group Renewable Energy Resources

Energix Group


Prime Energy


Zabar Solar

PV planet 2019

Phelup Initiatives and Services

Israeli Railways

Ashdod Port


IDE Water Technologies

ICL Group


Lahav Green Energy

Bonei Haaretz


ESCO Israel

Work highlights

  • Advising NewMed Energy in the potential acquisition of 50% of the partnership units in NewMed by BP together with Abu Dhabi National Oil Company.
  • Advising NewMed Energy on the establishment of a consortium with BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) for the purposes of acquiring oil and gas exploration licences in Israel.
  • Representing Doral Group in negotiations with an Israeli financial institution for a major investment in a portfolio of electricity production and storage projects in Israel.

Erdinast, Ben Nathan, Toledano & Co

According to satisfied sources, Erdinast, Ben Nathan, Toledano & Co is a ‘one-stop-shop in the energy field’, with its experience across the full range of construction, financing and regulatory matters drawing praise. Uri Mandel leads the overarching energy, infrastructure and project finance department and is recommended for his record in representing lenders and borrowers on energy-related financings. Yaron Cohen spearheads the tenders and project development practice and acts for a broad roster of construction and energy companies on energy projects. Other recommended names include recently promoted partner Noam Koren Zimran, who fronts the energy team, and senior associate Oren Tal.

Practice head(s):

Uri Mandel; Yaron Cohen

Other key lawyers:

Noam Koren Zimran; Oren Tal


‘We value the team for its professionalism, availability, efficiency and commercial knowledge of the industry. We worked with Uri Mandel and Oren Tal, who demonstrated great professionalism and personal attention.’

‘The team is highly professional and creative. The team always responds quickly and helps promote transactions effectively. Very experienced in the energy sector and has been consulting us in a number of transactions. Were also very flexible with respect to fee arrangements between us.’

‘Yaron Cohen is very smart creative and efficient. A real problem solver and it has been a true pleasure working with him.’

‘EBN has an extremely strong energy team. It is very professional, experienced, highly skilled and helpful. The firm is a one-stop-shop in the energy field, covering all related practices, e.g. financing, construction, planning & zoning, regulation etc.’

‘Yaron Cohen is very skilful in the EPC and O&M fields. Clever, experienced, a hard worker and extremely available. Uri Mandel is among the best lawyers in Israel in project finance: bright, experienced and reputable among lenders and colleagues — and heads EBN’s great energy team with leadership and sensitivity.’

‘I think the key strength from the firm’s side is their ability to work quickly, together and get deals closed. Yaron Cohen is one of the great lawyers that actually look to get you a done deal, but at the same time he will fight till the end for everything that is a risk for you.’

‘I worked mainly with Noam Koren Zimran. We value his ability to learn fast new complicated issues. He is professional and experienced in the field of energy.’

‘The team has a great combination of strong legal knowledge and skills, and extensive experience and commercial/technical understanding and background — very important in energy and infrastructure, where long-term projects and relationships require a varied approach to complex situations.’

Key clients


Acciona Agua

Afcon Construction

Afcon Holdings

Allied Infrastructure

Ormat Technologies I

Alon Blue Square Israel

Bank Hapoalim

Bikurei Hama Energy Fields Limited Partnership

Blink Charging

C-Nergia 2020

Edeltech Group

EDF Renewable Energies Israel

Electra Greentech


El-Mor Electric Installations & Services (1986)

InfraRed Capital Partners

Israel Natural Gas Lines

Meshek Energy – Renewable Energies

Mizrahi Tefahot Bank

Noga – Israel Independent System Operator

Phoenix Insurance Company

PSP Investments

Ramat Hovav Power Plant Limited Partnership

East Hagit Power Plant Limited Partnership

Shikun & Binui



Yevuley Shemesh

Work highlights

  • Advising Mizrahi Tefahot Bank and Phoenix Insurance Company on the financing for the acquisition, refinancing and rehabilitation of the Ashdod Seawater Desalination Facility, as well as for the construction and operation of an adjacent gas-fired power plant.
  • Advising Israel Natural Gas Lines (INGL) on various matters, including on negotiations with gas suppliers regarding gas transmission and exportation to Egypt and Jordan, as well as to domestic consumers.
  • Acting for Bank Hapoalim in a finance transaction with Rimon Energy to develop, build and operate three electricity generation facilities at industrial factories.


The energy group at FISCHER (FBC & Co.) ranks ‘among the most experienced practices in Israel’, according to sources. Certainly, the group is equipped to handle the full life cycle of energy law matters, from exploration, licensing and regulatory issues, through to project development and corporate transactions. Department head Gilad Winkler is noted for his ‘special status in the Israeli business market’ and specialises in sophisticated project finance and energy work. The group also benefits from the experience of Hezi Kattan and recently promoted partner Reut Maor Kartowsky, both of whom focus on energy transactions. Associate Laurence Elbaz-Avisar provides dedicated support.

Practice head(s):

Gilad Winkler

Other key lawyers:

Hezi Kattan; Laurence Elbaz-Avisar; Reut Maor Kartowsky; Katya Kravits


‘One of the most experienced practices in Israel when it comes to energy sector finance and investments. Gilad Winkler and the team are always up to date with the latest practices and offer innovative approaches to manage legal and commercial risks.’

‘Gilad Winkler has a unique “let’s go forward” approach. He always offers a solution that will benefit the transaction. He is very familiar with the banks and financial institutions’ regulations, dynamics, people and considerations which makes him the perfect fit to lead a negotiation involving institutional investors.’

‘Hezi Kattan is an exceptional legal advisor with unique experience as an in-house legal advisor in large infrastructure and energy corporations. Hence, Hezi brings deep understanding of the corporate’s organs and interested parties and expertise in various legal practice areas.’

‘Gilad Winkler has a special status in the Israeli business market, and he is familiar with most of the major deals that were signed in recent years.’

‘I highly recommend Hezi Kattan and FBC for their expertise, collaborative approach, cutting-edge technology, diversity commitment and transparent billing. The team stand outs as a top choice for clients seeking exceptional legal representation.’

Key clients

Allied Infrastructure


Chevron Corporation

Mubadala Investment Company

IDE Water Assets; IDE Water Technologies

Bank Hapoalim; Poalim Equity

Bank Discount

Bank Leumi le-Israel B.M.

Bank Mizrahi Tefahot

SMS Galili

OPC Energy

Clal Insurance Company; Clal Insurance Group

Harel Insurance

Migdal Insurance Company

The Phoenix Group

Bromine Compounds (a subsidiary of ICL Group)

Dash Consulting and Trading

Modiin Energy

Israel Opportunity – Energy Resources, LP

Ratio Petroleum Energy


Menora Mivtahim Insurance

Meitav Dash Investments


Shikun & Binui Energy; Shikun & Binui

Housing and Construction – Etgal

Ormat Systems

Danya Cebus

VID Desalination Company

Everest Infrastructures LP

Helios Energy Investments; Helios Renewable Energy 1 LP

Lapidoth Capital

Negev Ecology

Quadro National Infrastructures

Starplast Industries (1987)


Zabar Solar

Alon Blue Square Group and GEK Terna; Alon Natural Gas Exploration

Globe Energy Resources Limited Partnership

Rotem Energy Minerals (REM) Limited Partnership

Dor Alon

EDF Energies Israel Ltd; EDF Renewables Israel

Amitim Pension Fund

Isramco Negev 2 LP; Isramko petroleum

Noble Energy

Rapak Energy

Tamar Petroleum

PetroTx Limited Partnership

Germany’s RWE and its Israeli subsidiary, Belectric Israel

Ashtrom Renewable Energy

Agriculture Investments in Portugal LP

ALFA Water 1, ALFA Water 2 & ALFA Water 3

Work highlights

  • Representing SMS Galilee, a subsidiary of IDE Water Assets, in a $600m tender issued by the state for the design, construction, and operation of the Western Galilee Desalination Facility.
  • Representing EDF Renewables Israel in a transaction for the sale of 49% of Solar Parks Holdings, which owns seven solar power projects across Israel, to Migdal Insurance Company for $120m.
  • Representing Menora Mivtachim Insurance, and its affiliates, in its investment in a 200MW solar photovoltaic generating facility in Texas, USA, in an investment that has an estimated value of over $300m.

Gornitzky & Co.

Gornitzky & Co.’s diverse client roster demonstrates that it acts for major stakeholders in energy matters, including energy companies, borrowers, lenders, investors and construction companies. The firm’s comprehensive practice is additionally evidenced through its work across the full gamut of legal issues, from exploration and regulatory compliance, through to project development, project finance and energy transactions. High-profile name Jack Smith is ‘an expert in his field’ and anchors a group that includes infrastructure, energy and project finance partner Ronit Rozenstein-Barel and projects specialist Itay Geffen. Maya Dvir and senior associate Liron Koren are also recommended.

Practice head(s):

Jack Smith; Itay Geffen; Ronit Rozenstein-Barel

Other key lawyers:

Yiftah Farber; Maya Dvir; Liron Koren


‘We value the team for its great client relationship skills, outstanding availability, strong professional knowledge, vast experience in relevant fields, creative thinking and integrity. We highlight Jack Smith and Liron Koren.’

‘First-class professionals. Well-informed with the relevant regulations as well as market info.’

‘I mainly work with Jack Smith. An expert in his field, very well-connected and informed, great availability and fast response times.’

‘Jack Smith and his team are truly knowledgeable about the Israeli O&G sector, from a legal standpoint and business-wise. The team provides pragmatic and relevant legal interpretations and recommendations, fit for the needs of foreign investors.’

Key clients

Keystone Fund

Capricorn Energy

Zero Waste

Dan Public Transportation

GES – Generation Capital

OPC Energy (OPC Rotem, OPC Hadera)

Doral Group

Negev Energy Ashalim Thermo-Solar

Ratio Energies Limited Partnership

Nahor Transportation Lanes

Shikun & Binui

Fattal Hotel Group

Noy Fund Negev

IP Innovative Power

Phoenix Insurance Company


Menora Mivtachim Insurance

Clal Insurance and Finance Group

Extra Public Transportation

Reindeer Energy

Dana Engineering

Rapac Energy of the Rapac Group

Work highlights

  • Representing OPC Energy and Noy Fund in a tender issued by the Israel Electric Corporation (IEC) for the acquisition of the Eshkol power plant, the fourth plant sold by IEC under the reform of the electricity market.
  • Representing Keystone REIT in a transaction with Edeltech group in which Keystone (together with an institutional investor) provided partly convertible mezzanine loans totalling NIS265m, used to partially finance the acquisition of the Ramat Hovav power plant.
  • Advising Ratio Energies on contractual, financial and regulatory issues regarding its investment in the Leviathan field to supply natural gas to customers in the Israeli market.

Herzog Fox & Neeman

Routinely involved in domestic and cross-border energy transactions, Herzog Fox & Neeman is arguably best known for its project finance practice, where it represents both borrowers and lenders. That being said, the group’s expertise spans all segments of the industry, with recent experience in the development of conventional and renewable power projects, oil and gas exploration and regulatory matters. The team is led jointly by Adam Eytan, who specialises in infrastructure development and project finance, and Mark Phillips, who also has an emphasis on project finance. Additionally, Ruth Dagan and Eran Wagner are recommended for regulatory and transactional energy work, respectively.

Practice head(s):

Adam Eytan; Mark Phillips

Other key lawyers:

Ruth Dagan; Eran Wagner; Zara Gold

Key clients

Bank Hapoalim BM

Bank Leumi Le-Israel BM

Israel Electric Corporation

Mizrachi Tefahot Bank

Enlight Renewable Energy

EDF Renewable Energy

Star Pumped Storage

Rapac Energy

Mubadala Petroleum

Wind Bereshit

Meshakim and Partners – Limited Partnership

Chevron (formerly Noble Energy)

Vishay Israel

Gadot Chemicals Tankers & Terminals

Yivulay Shemesh

Work highlights

  • Advising Mishkei Hakibbutzim on the development and financing of multiple PV projects with storage capacities in connection with the recent quotas and commercial tender process issued by the Israel Electricity Authority.
  • Advising EDF Renewable Energy on various project agreements in relation to the development of multiple PV and energy storage projects in connection with the recent quotas and commercial tender process issued by the Israel Electricity Authority.
  • Advising Mizrahi Tefahot Bank and other lenders on the project financing of a 156MW pumped storage project at Manara.

Klein & Co Energy & Infrastructure

Established in 2021, Klein & Co Energy & Infrastructure continues on its upward trajectory. The boutique firm added over 20 new clients over the past year, including Nofar Milgam Energy, Jerusalem Municipality and MRC Alon Tavor Power. Striking a balance between commercial and regulatory work, the group demonstrates strong activity in the natural gas and power segments, including generation, supply and distribution, as well as in the project finance and development spheres. Firm founder Anat Klein possesses ‘extensive expertise in both the legal and commercial domains’. Dana Tal and Lana Elner are also recommended.

Practice head(s):

Anat Klein; Dana Tal; Lana Elner


‘Anat Klein possesses extensive expertise in both the legal and commercial domains, and her presence significantly enhances our discussions. Her outstanding reputation, and the respect she commands from all stakeholders in the field, greatly facilitates the discovery of mutually beneficial solutions.’

‘The team is professional, communicative and responsive. Anat Klein is very experienced in the field of electricity/energy.’

‘We recommend the team for its human quality. Furthermore, for the wide and broad spectrum of experience that Anat, and her team, provides.’

‘We highlight the team for its support, availability, sensitivity and professionalism.’

‘The team, led by Anat Klein, provides the utmost professional services in terms of knowing and being familiarised with all applicable laws, regulations and best practices within the energy market. The team is familiarised with the latest technologies and is able to provide accurate and and up-to-date services.’

‘What makes the individuals stand out is the fact that each attorney within the firm provides personal attention at all times and always makes themselves available and responds promptly to any issue raised by us.’

‘Anat Klein is great! A pleasure to work with. Dana Tal is also a very professional lawyer in the regulation of energy.’

‘Professionals become part of our team and demonstrate very good understanding of commercial issues in addition to the legal issues.’

Key clients

Tnuva Group

Jerusalem District Electricity Company

Shikun & Binui Group

Zoko Enterprises

Phoenicia Glass Works

Paz Ashdod Refinery

Ashtrom Group

Mivtah Shamir Group

Osem – Nestle Group

Hadera Paper

Generation Capital

Via Maris Desalination



N.R Spuntech industries

Carmel Frenkel IND

Palestinian Power Generation Company

Amir Dagan limited partnership

GES Global Environmental Solutions

Shapir Civil and Marine Engineering

Noga- Israel Independent System Operator

Rapac Energy

Rimon Consulting and Management

Weizmann Institute of Science

Jerusalem Municipality

Beer Sheva Municipality

Rani Zim Shopping Centres


Storage New Age for Israel 21

Applied Materials Israel

MRC Alon Tavor Power

Thales Italia

Rafael Advanced Defense Systems

Rapac – Communication & Infrastructure

Nofar Milgam Energy

The Geophysical Institute of Israel

The Caesarea Edmond Benjamin De Rothschild Development Corporation

Samaria (Shomron) Regional Council

Enerpoint Israel

Electra Infrastructures

Arava Power

Makor Energy

Doral Energy Group

Ecowatt Energy

Kibbutz Ein Gev

Gaon Group (Metco)

Ginat Group

My Energy (of the Baran Group)

Global Power

Kibbutz Givat Haim Meuhad

Sun Benefit

Kibbutz Sde Boker

Kibbutz Nehsarim

Work highlights

  • Advising on a power plant to be constructed in the West Bank and supply electricity to Palestinian residents, involving an investment of approximately $350m.
  • Representing Noga (the government system manager in Israel) in two appeals brought against Noga concerning the availability tariffs to be paid to the pumped storage power plants in Israel.
  • Advising on deals that will take place under the new regulatory regime that will come into force in January 2024 that will enable bilateral contracts for renewable energy.

Krispin Rubinstein Blecher Law Offices

Recognised for its expertise in the electricity and natural gas areas, Krispin Rubinstein Blecher Law Offices provides specialist advice across the full scope of project development, operation and financing matters. The team acts for an impressive roster of domestic and multinational energy and construction companies, with sources valuing its ‘wide regulatory and commercial knowledge in the field of energy’. Key contacts include Amit Krispin, who is highly regarded for his extensive experience in both transactional and regulatory energy law; Israel Shooker, who has a focus on commercial energy work; and Asaf Iluz, whose practice spans infrastructure, energy and projects.

Practice head(s):

Amit Krispin; Asaf Iluz; Israel Shooker

Other key lawyers:

Rivkah Shimon


‘KRB houses a thorough and advanced energy department. The team’s wide regulatory and commercial knowledge in the field of energy ensures it can advise clients, both internationally and locally, on the establishment and operation of power plants and natural gas projects.’

‘The team covers matters ranging from tender processes to drafting project or gas supply agreements. The team knows how to respond quickly, without compromising on quality.’

‘Each of the partners we work with stands out in their field and provides impeccable service. Amit Krispin, drawing on 20 years’ experience and perhaps the leading expert in the field of energy in Israel, brings his extensive knowledge to the table and knows how to close the deal wisely and pleasantly.’

‘Israel Shooker has a unique ability to understand the legal and commercial aspects of each deal, in order to solve the most complex issues swiftly.’

‘A practical and knowledgeable team. Lawyers are pleasant, responsive and efficient.’

‘Amit Krispin is one of the best lawyers in the industry. He has great knowledge of the market, does not avoid hard work, and is very approachable.’

Key clients

Darom Natural Gas & Negev Natural Gas

Dorad Energy

Edeltech Group


Electra Consumers Products (1970)


IPP Forum

Paz Group

Dalia Power Energies

Rotem Natural Gas & Merimon Natural Gas

SBI International Holdings

Shikun & Binui Group

Electra Power

Keystone Rit

The Environmental Services Company

Work highlights

  • Represented electricity producers Enlight Renewable Energy, EDF Renewables Israel, Shikun & Binui Energy and Electra Power, on the sale of electricity to consumers, including managing negotiations with large industrial consumers.
  • Represented industrial clients and energy producers in their negotiations with the gas suppliers providing natural gas from Israel-based reservoirs, including the Leviathan, Tamar and Karish/Tanin fields.
  • Represented EDF Renewables Israel in an EPC Agreement administrating the Vestas’ design, procurement, manufacturing, transportation, installation and commissioning of EDF’s wind farm project in Northern Israel.

Lipa Meir & Co

Among Lipa Meir & Co’s practice strong suits, it is distinguished by its niche expertise in representing Kibbutzim in energy-related matters. Notably, the group advised Mishkey Hakibbutzim Group, the central financial organisation of Kibbutzim in Israel, on the acquisition of a 40% stake in Mei-Ram Electricity. The team also represents energy companies and public sector clients on tenders, project development and transactional work. Key contacts include Uzi Mor, who is active in energy transactions; Zuriel Lavie, who is noted for project finance; David Weinstein, who lends his experience as the key contact for the firm’s multidisciplinary Kibbutzim practice; and infrastructure head Michal Schwartz.

Practice head(s):

Zuriel Lavie; Michal Schwartz; David Weinstein; Uzi Mor


‘The team understands the Israeli energy market, especially electricity production.’

‘Uzi Mor and Zuriel Lavie are competent and resourceful.’

Key clients

Ministry of Defense

Ministry of Finance

Clalit Health Services


Dalia Power Energies

Meshek Energy – Renewable Energies

Ella Power Energies

The Kibbutz Economies Group

Ginegar Plastic Products

Dimona Renewable Energies Groupe

Kibbutz Alumim

A consortium of lenders led by Bank Leumi


Kibbutz Gan Shmuel

Kibbutz Mishmar Hasharon

Kibbutz Zikim

Kibbutz Erez

Astral Hotels

Kibbutz Dorot

AP Partners

Kibbutz Carmia

Work highlights

  • Acting for Dalia Energy on its successful bid for the Eshkol power plant, and also advising its Board of Directors and management on projects to build additional power stations.
  • Acting for Mishkey Hakibbutzim Group on the purchase of 40% of the shares of Mei-Ram Electricity, which specialises in the construction of energy infrastructure and electric grids.
  • Acting for Kibbutz Alumim in new projects totalling over NIS120m, in the fields of agrivoltaics and energy storage, among others.

Meitar Law Offices

Meitar Law Offices’ energy team impresses sources with its ability to ‘leave no stone unturned’. The group leverages the wider firm’s dominant transactional offering to shine in projects and commercial work. That being said, the team is more than just a transactional support practice, with its commercial activity solidly underpinned by robust regulatory expertise that spans the full spread of oil and gas, power and carbon capture-related issues. Department head Renelle Joffe is revered as ‘an authority when it comes to the energy sector in Israel’. Regulatory partner Elad Sharabani and associate Lihi Rabinovich-Segal are also noted.

Practice head(s):

Renelle Joffe

Other key lawyers:

Elad Sharabani; Lihi Rabinovich-Segal; Danna Martsiano


‘The energy team is first tier, one of only a handful of firms capable in the field. Meitar has the unique ability to understand all sectors from energy regulation to GSPA’s.’

‘Elad Sharabani is one of the leading lawyers in the country, with a remarkable position in the market. What is even more impressive is that he has become the leading lawyer in Meitar for energy-related issues — his future is bright.’

‘Like a Roman legion, they come and leave no stone unturned. Robust and versatile team, with all-round experience. Lawyers get the job done in an efficient manner.’

‘Renelle Joffe is an authority when it comes to the energy sector in Israel. She has seen everything, and knows how to harness her vast experience to enable (rather than inhibit) deals. Exceptionally skilled in risk (not just legal but also commercial) management.’

‘Elad Sharabani is an expert in energy regulation. He’s our trusted advisor for everything regulatory with the Ministry of Energy. He can see two steps ahead, which comes in handy when dealing with the government and its officials.’

‘Meitar Law Offices possesses a very high performance group comprised of lawyers with strong legal expertise, starting with Danna Martsiano — our personal point of contact — and including the barristers’ team and every other individual we have encountered at the firm.’

‘Danna Martsiano is always available, always provides the best legal service, with “out of the box” thinking, her work product is amazing.’

Key clients

Energean Israel

First International Bank of Israel


Mitsubishi Power Aero

Bank Leumi B.M


Naphtha Israel Petroleum Corporation


Energean finance

BM Energy & Charging

Fiverr International

Work highlights

  • Represented Energean Israel Finance in a $750m financing transaction under the US Securities Act Rule 144A and Reg S.
  • Represented Bank Leumi in negotiating a power purchase agreement with Dalia Power Energies for the purchase of electricity to most of the bank’s facilities in Israel.

Shibolet & Co.

Shibolet & Co.’s increasingly prominent energy practice added a string of new clients over the past year, including major multinational and domestic renewable energy players such as China United Corporation, RCS Solar and Meshek Energy. The group works in tandem with the infrastructure practice to specialise in energy projects, with strong recent showings in the power (both conventional and renewables), energy storage and waste-to-energy spheres. Project finance specialist Alon Ziv co-heads the group together with construction chair Sharon Adler and David Magriso, who focuses on construction and development projects. Adiel Shulhani is also noted. Shlomit Hess recently left the firm.

Practice head(s):

Alon Ziv; David Magriso; Sharon Adler

Other key lawyers:

Revital Ben-Artzi; Eyal Ron; Adiel Shulhani


‘Sharon Adler excels in all his fields of practice. Technically proficient and extremely knowledgeable about the market, he is the lawyer you want by your side when doing business in Israel.’

Key clients

Rafael Advanced Defense Systems

OPC Energy



BL Energy


Israeli Governmental Authority

Israeli Natural Gas Authority

Aluma Infrastructure Fund (2020)

Grand Ofek Projects

Natoon Group

Ayalon Highways.

Sociedad Española De Montajes Industriales (SEMI)

YSB Group

IMASA Ingeniería y Proyectos

Lesico Group

Oron Group

Palgag Group

Deutsche Bahn Engineering & Consulting

ib vogt


ACS Group

Delek Group

China State Construction Engineering Corporation (CSCEC)

Clal Insurance

Phoenix Insurance Company



Shikun & Binui

Ellomay Pumped Storage (2014)

Bank Leumi

Cfir Light Rail

Helios Energy Investments

Amitim – Senior Pension Funds

Blue Sphere Corporation


Global Sun Israel (Arava Power Company)

Poalim Capital Markets – Investment House

Eilat Eilot Renewable Energy

Yevuley Shemesh

F.K. Generators and Equipment

Harel Insurance

Capital Nature

Altshuler Sacham


Effisolar Enterprises

Ralco Energy

Superbus / Auto-Chen Group

Danya Cebus, COMSA Unipersonal, Cobra Instalaciones y Servicios, Enclavamientos Y Señalizacion Ferroviaria Enyse

Menolead Herut Systems

Ashdod Port Company


Deutsche Bahn Engineering & Consulting

Rafael Advanced Defense Systems

Siemens Energy

JV Storage

Grand Ofek Projects (GOP)

Adani – Development of the Haifa Port

Phoenix Insurance Company

RCS Solar

Meshek Energy

China United Corp.

Ford Municipal Systems

Work highlights

  • Representing BL Energy in multiple transactions with Israeli energy companies for the development of high voltage renewable and energy storage projects, valued at billions of NIS.
  • Representing OPC Energy in acquiring the full ownership rights in Sugat power plant from Dor Alon, in a deal valued at NIS1bn.
  • Representing Switzerland-based Fu-Gen in various European projects.

Arnon, Tadmor-Levy

Arnon, Tadmor-Levy has been primarily active on the procurement side of late, where it has been representing the public sector on various matters, including conventional and renewable power projects and waste-to-energy projects. Key contacts include Doron Tamir, who focuses on transport and infrastructure and enjoys close relationships with state clients; project finance specialist Noa Meidan, who has significant energy expertise; Aharon Osborne, who has a growing reputation for power and natural gas-related matters; and transactional partners David Schapiro and Simon Weintraub.

Other key lawyers:

Doron Tamir; Noa Meidan; Aharon Osborne; David Schapiro; Simon Weintraub; Asher Bichoonski; Shiri Ish Shalom; Gal Cohen; Maya Zvulun; Tomer Ben Horin

Key clients

Siemens Israel

JPMorgan Securities

Morgan Stanley

Goldman Sachs Group


BNP Paribas

Ministry of Energy & Water Resources

Ministry of Finance

Ministry of Internal Security

Ministry of Transportation.

Solaer Israel

Inbal Insurance Company

Rimon Consulting & Management Services

Wärtsilä Corporation

Leader Capital Markets

Barak Capital

Phoenix Holdings


INGL (Israel Natural Gas Lines)

Mizrahi Tefachot Trust Company

Accountant General, State of Israel

Ministry of Environmental Protection

Bank Leumi le-Israel B.M.

Ramat Negev Energy and Ashdod Energy

Israel Discount Bank

Sinohydro Corporation

Work highlights

  • Advising the Ministry of Finance, the Ministry of National Security, and the Israel Prison Service on a PPP project for the financing, design, construction and operation of a new prison complex, planned on a biosphere reserve.
  • Representing the State of Israel in the preparation of a tender for the financing, design, construction, operation and maintenance of a waste-to-energy facility at Neot Hovav.
  • Representing Shapir Engineering and Industries in negotiating an agreement for the NIS 250m acquisition of 15% of the shares of the Paz Refinery in Ashdod.

Barnea Jaffa Lande & Co.

The team at Barnea Jaffa Lande & Co. ‘excels in navigating complex regulatory frameworks’, according to sources. Particularly noted for its activity in cross-border mandates, the group acts for a broad roster of international energy companies doing business in Israel, including multinationals based in the US, Europe and beyond. Transactional specialist Simon Jaffa anchors a team that also includes: Hagit Ben Moshe, who contributes experience in kibbutzim and construction; M&A and project finance partner Samuel Henri Samuel; and associate Hani Shraier, who focuses on kibbutz-related matters.

Practice head(s):

Simon Jaffa

Other key lawyers:

Hagit Ben Moshe; Samuel Henri Samuel; Hani Shraier


‘Very good at handling international investors. Simon Jaffa is a terrific guy, always pleasant to deal with, and an experienced lawyer.’

‘The Barnea team excels in navigating complex regulatory frameworks and providing innovative solutions in this dynamic industry. The team’s proactive and collaborative approach ensures clients are well-prepared and ready for business.’

‘Samuel Henri Samuel has a wealth of experience and a keen understanding of the energy market. Samuel consistently provides invaluable guidance to clients. His familiarity with the European market (energy and other markets) gives him an edge as a leading lawyer and business-maker.’

Key clients

Israel Natural Gas Lines

Nofar Energy

Work highlights

  • Representing Israel Natural Gas Lines, a state-owned corporation established to construct and operate the national gas transmission system.
  • Representing Nofar Energy, a public renewable energy company at the forefront of the green energy revolution in Israel.

Epstein Rosenblum Maoz (ERM)

Epstein Rosenblum Maoz (ERM) significantly grew its share of work in the oil and gas space during 2023, with the team appointed to act as the legal advisors to the partners of both the Tamar and the Shimshon offshore natural gas fields. Alongside its experience in upstream and downstream oil and gas, the group also advises on renewable energy and conventional power projects, including transactional and regulatory matters. Finance heavyweight Amnon Epstein co-heads the team alongside oil and gas specialist Asaf RimonChen Weiss is an up-and-coming energy and infrastructure partner.

Practice head(s):

Amnon Epstein; Asaf Rimon

Other key lawyers:

Chen Weiss; Daniel Swissa Polak


‘ERM is very knowledgeable and experienced in the energy sector and has provided sound legal advice to our company on a variety of matters in the public tendering field. Lawyers are swift to reply and very easy to work with.’

‘Apart from being excellent lawyers and very experienced in the renewables space (including in respect to regulation), the uniqueness of the ERM team is that it is really committed to getting the deal done. I also found the team to be creative.’

‘The team’s first attribute is professionalism: with ERM you have a proficient and talented team that knows its work and knows how to get things done. The second is customer service: the people at ERM are always accessible, courteous and focused. The combination is rare.’

‘We value the team for its young and industrious people, who demonstrate out-of-the-box thinking. We have worked with the firm for over a decade.’

Key clients

Alon Gas


Association of Green Energy Companies

Bank Leumi

Bank Mizrahi


Daflog SRL

Dor Gas Exploration Limited Partnership

Doral Energy

Downer EDI


‘Electricity 100’ NGO

Everest Infrastructure Limited Partnership

Global Ports Holding

Golan Solar


Israel Opportunity Oil & Gas

Isramco Negev 2 Limited Partnership

Kenlov Energy

Landis and Gyr

Meidan Technologies

Mekorot Water Company

Modii’n Energy

Mubadala Energy


Paz Oil Company

Prime Energy


Sunray Solar Development

Tamar Investment 2 RSC

The Phoenix


Yildrim Group

Ratio-LR Group

Ratio Energies

Work highlights

  • Advising Bank Leumi on three solar power plant project financings: a NIS470m facility to Teralight; a NIS 500m facility to Menora Synergy; and a NIS380m facility to Solartech.
  • Advising Phoenix Insurance Company on its acquisition of indirect holdings in one of Israel’s largest private conventional power plants.
  • Advising the partners of the Tamar offshore natural gas field (operated by Chevron), including on commercial matters, regulatory issues and negotiating gas sale and purchase agreements with domestic and foreign clients.

Goldfarb Gross Seligman & Co.

Particularly well-positioned to handle energy-related finance and corporate transactions, Goldfarb Gross Seligman & Co. is additionally noted for its strong track record in the power sphere. The newly merged energy group is led by former GKH team head and project finance specialist Yotam Leshem, who maintains a robust commercial practice. The multidisciplinary department also draws on Tal Danon Shenhav, who leads the administrative law, tenders and infrastructure unit; Rami Sofer, who anchors the corporate, finance and infrastructure team; and corporate and capital markets partners Oren Reif and Rayek Khoury.

Practice head(s):

Yotam Leshem

Other key lawyers:

Tal Danon Shenhav; Rami Sofer; Oren Reif; Rayek Khoury


‘The team is very professional with strong business acumen. Rami Sofer is highly responsive and really promotes his clients’ business interests.’

‘Great availability, highly efficient, high integrity, always honest and knows how to communicate positions at face value — real team players.’

‘Yotam Leshem has a very strong level of service and integrity. He has very wide and relevant professional knowledge of the industry, in particular project finance.’

‘Yotam Leshem is the advocate you want by your side in any transaction in the energy field, he is a professional, business-oriented, dedicated deal-maker. With Yotam, you know you are in good hands.’

‘Highly efficient and professional in project finance.’

‘The main star of this team and what makes it special is the leading partner, Yotam Leshem. Yotam is an all-around lawyer. Not only does he excel in project finance agreements, but he has a broad understanding of the business, which allows him to give added value to his clients, compared to other lawyers.’

Key clients

The Israel Electric Corporation (IEC)

Noble Energy

Rapac Energy

Sener Group

Typsa Group

GES Global Environmental Solutions

MRC Alon Tavor Power

Shapir Civil and Marine Engineering

Marom Energy


Generation Capital

Supergas Energy

Netivei Ayalon

Cross Israel Highway

Bank Hapoalim B.M.

Mizrahi Tefahot Bank

Bank Leumi le Israel B.M.

Israel Discount Bank

Mivtach Shamir Holdings

Israel Government Companies Authority

Mekorot Water Company

Alon Energy Centers

TEN – Petroleum Company

Magen David Adom In Israel (MDA)

Arava Power Company

Sunflower Sustainable Investments

Greenlight Fund

Ashtrom Group

Negev Natural Gas

DaromNatural Gas

The Tel Aviv-Yafo Economic Development Authority

SolelAben EPC Ashalim Limited Partnership

TSK Group

Kolbo Gas

Dor Alon Gas Technologies

Amisragas – the American Israeli Gas Corporation

OPC Energy



Sorek Operation and Maintenance Company

Elevion Group

V.I.D. Desalination Company

Vulcan Power Consulting & Security

Work highlights

  • Representing Rapac Energy, Generation Capital, Mivtach Shamir and Ashtrom in the tender for the purchase of the Eshkol power plant.
  • Representing Solgreen in financing transactions amounting to approximately NIS1bn for the establishment of several PV energy projects, including storage.
  • Representing Rapac Energy, Generation Capital, Mivtach Shamir and Ashtrom in the BOT tender for a 600-900MW power plant in Gan Sorek.

M. Firon & Co Advocates and Notaries

M. Firon & Co Advocates and Notaries handles a significant volume of work related to energy projects, including tenders, financing and development. The group acts for the full range of market participants, including lenders, sponsors and investors, with growing experience in cross-border mandates. Key contacts include Tamar Firon-Smorodinsky, who heads the real estate, infrastructure and project finance departments and ‘masters the commercial issues as well as the legal issues’; and infrastructure and project finance partner Timor Pesso.

Practice head(s):

Tamar Firon Smorodinsky; Timor Pesso

Other key lawyers:

Tal Magalashvili


‘The team’s meticulous attention to detail, comprehensive understanding of the legal intricacies, and ability to navigate complex regulatory frameworks are instrumental in our business. Its experience is spread over all aspects related to banking and finance, as well as projects, infrastructure and energy.’

‘Tamar Firon Smorodinsky has no fear, has a great mind, she masters the commercial issues as well as the legal issues, and on the whole, she is the best legal advisor. Actually, we don’t make a move without her.’

‘We work mainly with Timor Pesso and Tal Magalshvili. Both are excellent attorneys, highly skilled and expert in the field. In addition, both of them are attentive and caring.’

‘Timor Pesso is experienced, motivated, dedicated and innovative.’

‘Tamar Firon Smorodinsky really understands the Israeli market, and the special needs of a foreign company conducting business in Israel. She is very knowledgeable and experienced in all aspects of the project finance, infrastructure, transportation and energy fields.’

Key clients

Ashtrom Group


Netiv Ha-or

Malam Team

Harel Insurance Company

Mega Or




Focal Energy

Noy Fund

Work highlights

  • Representing Harel Insurance company in an NIS1bn financing transaction for energy projects with EDF (Israel).
  • Advising Noy Fund regarding energy operation and energy storage.
  • Representing Ashtrom Energy regarding its energy operations in Israel and abroad.

Naschitz, Brandes, Amir & Co.

Naschitz, Brandes, Amir & Co.’s energy practice is closely aligned with its infrastructure practice, which is reflected in its orientation towards projects-related work on behalf of bidders, concessionaires and entrepreneurs. The group is also well placed to advise its broad base of domestic and multinational energy clients on corporate transactions, financings and contentious matters. As the head of the infrastructure, energy and project finance group, Nadia Davidzon brings to bear significant experience in large-scale energy projects.

Practice head(s):

Nadia Davidzon

Key clients

Hangzhou Jinjiang Group Co

El-Mor Electric Installation & Services (1986)

Ford Municipal Systems


IBI Group

Green Stream

Construcciones Y Auxiliar De Ferrocarriles

Caf Investment Projects


Shapir Civil and Marine Engineering

Noy 3 Infrastructure And Energy Investments

Bynet Computers Communication


Zing Energy

KT-Kinetics Technology

Dan Public Transportation

EV Meter

Mashav Energy

Macquarie Group



Minrav Engineering & Building

Lesico Group

Oron Holdings

Enel Group

EDF Renewables Israel

Hangzhou Jinjiang Group Co

S. Horowitz & Co

Among its recent highlights, S. Horowitz & Co has been particularly busy on behalf of The Israel Electric Corporation of late, where it has represented the state-owned energy company on the sale of the Eshkol power plant, alongside other regulatory and contentious issues. The multidisciplinary energy practice is co-led by dispute resolution specialist Benjamin Sheffer, who has a focus on construction and infrastructure, together with Aharon Anthony Bloch, who heads the commercial department. Litigators Yehoshua Horesh and Eran Bezale are also noted.

Practice head(s):

Benjamin Sheffer; Aharon Bloch

Other key lawyers:

Yehoshua Horesh; Eran Bezalel; Shlomi Delgo; Lior Mimon; Gitit Levin Grinberg; Yael Rosenberg Rubin

Key clients

The Israel Electric Corporation (IEC)

Energean Israel, Energean E&P Holdings

Nextcom Energy

Israel Infrastructure Fund

Syndication of lenders led by Mizrahi-Tefahot Bank

Super N.G. Natural Gas Distribution company

Electra Solel-Boneh – Pumped Storage Gilboa Partnership

IDE Technologies and S.M.S IDE

Paz Oil Company

Lime & Stone Production Company

Work highlights

  • Representing IEC in a series of international tenders for the sale of power plants owned by IEC, as part of the obligations imposed by the reform in the electricity sector in Israel.
  • Representing Energean Israel and Energean E&P Holdings in a claim filed against them, and other related companies, by Tsabar Group, in which Tsabar is seeking to obtain a share or interest in the project related to the Karish natural gas plant.
  • Representing Nextcom in various projects for the establishment of renewable energy facilities, including wind, solar and photovoltaic plants, across Israel.

Yehuda Raveh & Co.

Yehuda Raveh & Co. houses a prominent project finance practice that is routinely engaged to advise on the financing of IPPs, renewable energy and natural gas projects and pumped energy storage projects. A popular choice for domestic and multinational lenders, the group also acts for construction groups, energy companies and private equity investors. Department head Ron Vered is recognised for his emphasis on project finance and infrastructure. Other key contacts include transactional partners Ezra Baris and Orly Kronman Dagan, as well as senior associate Efrat Kuchinsky.

Practice head(s):

Ron Vered

Other key lawyers:

Orly Kronman; Ezra Baris; Efrat Kuchinsky

Key clients

Bank Leumi Le-Israel B.M

Bank Hapoalim


Allied Infrastructure

Israel Discount Bank

Enlight Renewable Energy

Shikun & Binui – Solel Boneh – Infrastructures

Nextcom Group

Amitim Group

Dalia Power Energies

Mabat LaNegev

Electra Group


Minrav Group

Mizrahi-Tefahot Bank

First International Bank of Israel

Mivtachim Menora Insurance Group

Dan Capital

Israel Infrastructure Fund

Michlol Growth Fund

Harel Insurance Group

Altshuler Shaham investment house and Migdal Group

Work highlights

  • Acting for Enlight Renewable Energy on the development and financing of 13 energy projects, totalling over NIS1bn.
  • Representing Bank Leumi in the financing of the acquisition of the Sugat Power Plant, following purchase of the facility by the OPC group.
  • Representing Bank Hapoalim, and a consortium of institutional lenders, in the refinancing of the Sorek IPP and the financing of Ashkelon IPP.