Hadar Goldman buys $20m Kfar Hayarok solar farm
- The solar power farm is near the Glilot Interchange in between Tel Aviv and also Ramat Hasharon.
- Israeli investor Hadar Goldman is currently investing in environment-friendly energy as well as solar power systems in the United States and Israel. Last month Goldman purchased a solar energy farm in Kfar Hayarok for $20 million.
The farm, which is near the Glilot Interchange (in between Tel Aviv and Ramat Hasharon), was established 5 years back in cooperation in between Kfar Hayarok as well as Ofer Steinberg Solar Energy Systems. The farm generates tidy electrcitry for Kfar Hayarok as well as the Israel Electric Corporation (IEC) (TASE: ELEC.B22), as part of an agreement till at least 2043.
The solar panel systems installed on roofs were produced by Israeli photovoltaics firm SolarEdge Technolgies (Nasdaq: SEDG). Covering a location of 40,000 square meters, the farm has a manufacturing capability of 10 megawatts. The deal was completed by Hadar Goldman's business Goldman Investments and also is being financed by Bank Hapoalim (TASE: POLI).
Generally Goldman Investments possesses domestic property homes in the United States. Goldman says that it is his method to make all his residential or commercial properties power self-sufficient. He claimed, "The company's homes in Texas are saturated in sun, making them particularly ideal for procedures utilizing solar energy."
Goldman included, "Solar farms are really similar to earnings generating real estate in regards to the framework of the bargain as well as managing the financing."
