Key Investment Highlights
Progress in implementation of the electricity
sector reform and structural change - cont.
Investments in the T&D segments
חברת החשמל
Israel Electric
On January 16, 2023, the Minister of Energy determined that the company will maintain its activity in
the distribution segment as the holder of an essential service provider license for a period of 20 years.
The company has not yet been granted a new license in the transmission segment.
On September 21, 2023, the Electricity Authority published a hearing regarding its recommendation to
grant the company a new transmission license. The license will replace the parts that refer to the
transmission activity in the existing unified license for the company. The license will come into effect
after the approval and signature of the Minister of Energy and Infrastructure and will be valid for 20
years.
The company continued to increase its investments in the T&D segments and during the first nine
months of 2023 invested a total of NIS 3.0 billion in those segments.
Source: IEC's Financial Statements for 2022FY and for 9M.2023
Investor Relations
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