A major player in Israel’s private electricity market, Dalia’s flagship power plant in central-southern Israel commenced operation in 2015, providing 900 MW of electricity from natural gas. Together with the purchase of the Eshkol power plant in Ashdod in 2024, Dalia currently produces 2518 MW from the two power plants, providing it to consumers across the country via IEC’s transmission grid.
IIF I, IIF II & IIF III all invested in Dalia. All three investments have been exited.
The ‘smoke’ rising from the stacks is in fact water vapor.