Generation Capital’s Acquisition of PSP Investments

Gornitzky & Co. represented Generation Capital on the deal.

Generation Capital, an infrastructure and energy fund, executed the acquisition of 25.5% of PSP Investments Ltd., which owns a pumped storage  power plant at Ma’ale Gilboa with an installed capacity of 300 megawatts, for NIS 227 million (approx. $82.5 million).

The Gornitzky & Co. team was led by Partner Jack Smith (Picture), and Senior Associate Liron Koren, Associate Adam Spiegel and Intern Dana Hayit. Financing aspects: Partner Dubi Gross Real-estate taxation aspects: Partner Yoad Cohavy and Associate Shimon Efrati. Competition aspects: Partner Avner Finkelstein and Associate Lior Frank.

Involved fees earner: Yoad Cohavy – Gornitzky & Co.; Shimon Efrati – Gornitzky & Co.; Avner Finkelstein – Gornitzky & Co.; Lior Frank – Gornitzky & Co.; Dubi Gross – Gornitzky & Co.; Dana Hayit – Gornitzky & Co.; Liron Koren – Gornitzky & Co.; Jack Smith – Gornitzky & Co.; Adam Spiegel – Gornitzky & Co.;

Law Firms: Gornitzky & Co.;

Clients: Generation Capital ;