Electra Concessions is the entrepreneurial and financing arm of the Electra Group, which enables it to implement the Group's dynamic project lifecycle concept and ensure that each project receives optimal support from start to finish. This approach has led the Electra Group to garner unprecedented experience in large-scale BOT, PPP and turnkey projects, and has developed the powerful solutions required to undertake challenging, multidisciplinary mega projects.
Electra Concessions is responsible for the development, financing, management, and ongoing inspection of many complex turnkey projects in diverse fields, including construction, transportation, desalination, water, renewable energy, and large-scale public infrastructure. These projects enable all of Electra's subsidiaries to demonstrate their diverse technological and logistical capabilities. Electra Concessions' unrivaled experience and know-how have established its leading position in the field of PPP projects through SPC, EPC, and O&M companies.
In Israel, Electra’s many complex, large-scale concessions include Camp Ariel Sharon, the massive new IDF training campus in the Negev desert – a large project of national import; the Maale Gilboa pumped storage hydroelectricity project, which generates 300 MW of available power; and a complex distribution system for the Israel natural gas line (PRMS) throughout the Negev and southern region. Electra has also undertaken the development of sewage purification systems in Netanya and Arad.
Among other major projects are the new 32,000m2 Tel Aviv Courthouse with its 5-level underground parking facility, lavish public entrance lobby, and 12-story office tower, in addition to an eco-friendly complex at Bar-Ilan University involving the renovation of six dormitory buildings as well as the construction of two brand new residential towers and commercial centers.