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Super Power to acquire Pazgaz Energy

PRIVATEOct 25, 2026

Acquiring Company

Super Power

Acquired Company

Pazgaz Energy

IsraelIsraelEnergyRenewable EnergyEnergyRenewable Energy

Description

Residential electricity supplier Super Power is acquiring competitor Pazgaz Energy for up to NIS 25 million, reducing the number of suppliers from seven to six. The deal includes an initial NIS 15 million payment plus NIS 8-10 million contingent on a customer base transfer settlement. Super Power expects the acquisition to add NIS 130 million in annual revenue.

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Company Information

Company

Super Power

Location

Israel

About

Super Power is a residential electricity supplier in Israel, controlled by Supergas Power, which is itself controlled by Electra. It is a joint venture between Electra and Enlight and one of the three major players in the private electricity supply market. The company reported negative EBITDA of NIS 1 million for the first half of 2026.

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Frequently asked

Who acquired Pazgaz Energy?

Pazgaz Energy was acquired by Super Power, based in Israel. The deal was reported on October 25, 2026. Super Power is a residential electricity supplier in Israel, controlled by Supergas Power, which is itself controlled by Electra. Super Power is privately held and operates in Energy.

When did Super Power acquire Pazgaz Energy?

Super Power's acquisition of Pazgaz Energy was reported on October 25, 2026. Residential electricity supplier Super Power is acquiring competitor Pazgaz Energy for up to NIS 25 million, reducing the number of suppliers from seven to six. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pazgaz Energy do?

Pazgaz Energy is a residential electricity supplier in Israel that intermediates between low-cost electricity producers, mainly renewable sources, and households. It is currently operating at a loss, consistent with the broader sector. It is privately held, operating in Energy, and is based in Israel.

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