Megalim Solar Power LTD is a B.O.T. concession company owned by Noy Fund (49.9%), BrightSource (25.05%), and GE Renewable Energy (25.05%) .
The company has won the tender by the State of Israel for the construction, planning, financing and operation of a solar-thermal power plant in Ashalim (Plot B) with a rating of 121 MW and expected to supply 320 GWh of electricity annually into Israel’s grid.