Israeli Firm Stark Power Secures $85M in Financing for U.S. Acquisitions
Israeli power developer Stark Power secured $85 million from Bank Hapoalim to acquire utility-scale power assets in the United States.
TPS wire reportTPS
Published by IsraelFM
Jerusalem, 29 September, 2026 (TPS-IL) — Israeli power developer Stark Power has secured an $85 million credit facility from Israel’s Bank Hapoalim to finance acquisitions of utility-scale power assets in the United States. The financing will also support the acquisition and construction of U.S. projects before financial close, Stark said Monday.
The Tel Aviv-based company said the facility will increase its capacity to pursue opportunities ranging from late-stage developments to operating assets.