PowerGen

About

Funding history · 1 round · $63.2M total

Acquisitions · 2

Offices

Q&A

What is PowerGen's primary focus as an energy company?

PowerGen is an Israeli energy company focused on electricity generation, storage, and supply across the entire value chain, serving as the main operational arm of Generation Capital.

When was PowerGen founded and where is its headquarters located?

PowerGen was founded in 2018 and is headquartered in Kfar Saba, Israel.

What is the total amount of funding PowerGen has raised to date?

PowerGen has raised a total of $120,180,000 in funding.

Which investors participated in PowerGen's C Round funding in February 2025?

In February 2025, PowerGen secured C Round funding with lead investors Bezeq and Generation Capital.

What was PowerGen's most recent funding round and who were the lead investors?

PowerGen's most recent funding was a D Round in August 2026, with Phoenix Finance as the lead investor.

What is PowerGen's current electricity generation and storage capacity as of 2025?

As of 2025, PowerGen holds natural gas power plants with a capacity of 950 megawatts and storage facilities capable of holding 3 gigawatt-hours.

Which company did PowerGen acquire in July 2026?

In July 2026, PowerGen acquired Shikun & Binui Energy for $1,200,000,000.

Who are the key executives at PowerGen?

The key executives at PowerGen include Yaron Amzallag as Chairman of the Board, Dror Sharon as Chief Executive Officer, and Eldad Fresher as Deputy Chief Executive Officer and Chief Financial Officer.

Team · 3

Yaron Amzallag

Chairman of the Board

Dror Sharon

Chief Executive Officer

Eldad Fresher

Deputy Chief Executive Officer, Chief Financial Officer

Sectors & technology

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