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Stark Power Secures $85 Million Credit Facility to Fund U.S. Power Acquisitions. The financing will enhance Stark's ability to acquire and construct utility-scale power assets in the U.S.
PRIVATESep 28, 2026
Amount Raised
$85 Million
Round Type
Debt Financing
Tel AvivEnergyRenewable EnergySolar
Investors
Bank Hapoalim
Description
Stark Power Ltd. announced it has signed an $85 million financing agreement with Bank Hapoalim. Proceeds will support the acquisition of utility-scale power assets and the construction of projects in the U.S. This facility enhances Stark's financial capacity for ongoing transactions
Company Information
Company
Stark Power Ltd
Location
Tel Aviv, Tel Aviv District, Israel
About
Stark Power Ltd. (TASE: STRK) is a power plant and powered land infrastructure development company focused on the U.S. market. Founded by former senior executives of Enlight Renewable Energy and Nofar Energy, the Company pursues large-scale opportunities at the intersection of power generation and digital infrastructure. It leverages deep experience in power development, capital markets, and project execution.
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