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Doral Energy

Listed Israeli energy company invests billion-kroner amount in Danish solar power

 

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Listed Israeli energy company invests billion-kroner amount in Danish solar power

The listed Israeli energy company Doral Energy has concluded agreements on the development, construction and putting into service of solar panel systems in Denmark with a total capacity of 360 MW.

The total investment amounts to approx. DKK 1.5bn, and it is expected that the solar panel systems will generate a total annual revenue of approx. DKK 150m.

The solar panel systems are still in the initial phase of development, and Doral Energy has acquired several project companies who own rights to construct facilities and have obtained preliminary public authority approvals.

Doral Energy is an international energy company with a focus on renewable energy and the related infrastructure. In Europe, Doral Energy is active in Poland, Italy, Romania and Denmark.

Accura advised Doral Energy in connection with the investment.