Stark Power raises NIS 215 million to support U.S. power and data center strategy

Summary

Stark Power Ltd. secures approximately NIS 215 million (~$70 million) from Israeli institutions to fund its U.S. energy infrastructure and data center development strategy. The transaction values the company at about NIS 580 million ($187 million) post-money. The funds will be used to capitalize on opportunities where power availability is critical.

Recent Coverage

• Stark Power Secures NIS 215 Million (~$70m) from Leading Israeli Institutions to Back U.S. Power and Data Center Strategy

  PR Newswire • Apr 7