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Holdings and Ownership
ראשי » Holdings and Ownership

Holdings and Ownership

Currently, several leading organizations and companies share the ownership of Arava Power together making joint decisions concerning its activity and future – to further its development in all aspects: Innovation, social responsibility, financial and business success.

Division of Ownership is as follows:

  • 52% share – Global Sun Partners (GSP)
    GSP is a business venture shared by all of Arava Power founders – Kibbutz Ketura’s members, led by Ed Hofland, David Rosenblatt and dozens of private investors who financed the company’s activity in its first phase.

  • 41% share – The Phoenix Group
    The Phoenix group is one of Israel’s leaders in financial asset management, insurance and retirement plans. The group manages assets valued at NIS160 Billion.

  • 6% share –KKL/JNF

    Keren Kayemet Le’Yisrael/Jewish National Fund is a non-profit organization and the largest land owner in Israel.

  • 1% share – Arava Institute for Environmental Studies
    The Arava Institute for Environmental studies is a branch of the Ben-Gurion University of the Negev; its goal is to prepare Jewish and Arab leaders for mutual cooperation, finding solutions to many ecological challenges facing The Middle East’s present and future.
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