MRC closes $547m loan for Alon Tavor power plant acquisition
MRC Group has completed financial closure for its acquisition of the project the Alon Tavor power plant from Israel Electric Corporation (IEC) for NIS1.9 billion ($547 million). A Bank Hapoalim-led consortium of lenders has granted MRC a NIS1.65 billion loan, plus a NIS250 million line of credit...