Israeli Energy Firm Ayra-Nergy Tech Appoints New Director
Translated & summarized from Ice by baba
Israeli renewable energy company Ayra-Nergy Tech has appointed Shachar Machat as a new director to support its expansion in the energy sector. Machat brings extensive experience in business development and international markets. The company also recently agreed to acquire the FLUX wind project in Poland for approximately 13.5 million euros. This acquisition is part of Ayra-Nergy's strategy to grow its renewable energy portfolio.
The story in 5 lines · by baba
- Shachar Machat has been appointed as a new director at Israeli renewable energy firm Ayra-Nergy Tech.
- Machat will actively contribute to business development, leveraging his international market experience.
- Ayra-Nergy's Chairman and CEO welcomed Machat, highlighting his entrepreneurial and management skills.
- The company recently agreed to acquire the FLUX wind project in Poland for approximately 13.5 million euros.
- The FLUX project is an operational wind farm with a capacity of about 7.84 megawatts.
Ayra-Nergy Tech, an Israeli renewable energy company traded on the Tel Aviv Stock Exchange since 2007, announced on Wednesday the appointment of businessman Shachar Machat as a new director. Machat, an experienced entrepreneur and manager with a background in business development and investment in Israel and Europe, will also actively participate in promoting the company's business, leveraging his expertise in international markets and connections with entrepreneurs and investors. His appointment aligns with the group's expansion in the energy sector's initiation, establishment, and technology fields.
Yiftah Ron-Tal, Chairman of Ayra-Nergy, welcomed Machat, stating that his entrepreneurial vision, management experience, and deep understanding of the Israeli and European business environments will strengthen the board and aid the company's strategic expansion. Tal Raz, CEO of Ayra-Nergy, added that Machat's practical experience in building businesses and forging partnerships will help open doors and expand the group's growth sources.
Machat expressed his commitment to the role, viewing it as a natural step to deepen his involvement and contribution to Ayra-Nergy, which he believes is in a strategically important global sector. He aims to be an active partner in developing existing and new business opportunities, confident that the right combination of technology, business experience, and partners can lead the company to significant achievements and long-term value creation.
Ayra-Nergy recently signed an offer to acquire full rights to the FLUX wind project in Poland, an operational wind farm connected to the grid with a capacity of approximately 7.84 megawatts. The farm, established in 2015, has over a decade of operational history. The deal is valued at approximately 13.5 million euros (about 46 million shekels), with financing expected from senior debt, equity, and the company's own capital.