The Israel Electric Corporation Ltd - Company Profile
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The Israel Electric Corporation Ltd (IECL) is a public and government-owned power utility in Israel. The company generates power mainly through conventional energy sources. It builds, maintains, and operates power generation stations in Israel. Growth in revenue, innovative technology, and strategic government ownership has strengthened its operations, even as cash position could remain a cause for concern to the company. Renewable initiatives in Middle East and North Africa, demand for onshore wind, positive outlook for solar pv market could provide the company new growth opportunities. However, regulatory and compliance challenges, volatility in electricity prices, and operational issues could affect its operations.
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