GCA Financial Targets for Government Companies
Key Investment Highlights - cont.
Focusing in the T&D segments
IEC will focus its activity in the Transmission and Distribution segments and will reduce its
share in the generation segment
Preparing the ground for renewables
חברת החשמל
Israel Electric
Stable CAPEX in the T&D segments during the coming years in order to enable renewable energy
absorption and to achieve the 2030 Ministry of Energy target on renewables
Growing attention to ESG aspects
Especially in the environmental aspect (conversion of coal units to natural gas), the social aspect
(diversity & inclusion) and the governance aspect (deepening corporate governance)
Committed to Deleveraging
Board and management are committed to deleveraging and are aiming to gradually
decrease the ratio of total debt to total assets to 65% by 2025
Investor Relations
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