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Discount Capital Invests Millions in Aluma Fund's Energy Arm
Aluma Fund and Discount Capital are deepening their partnership with Discount Capital investing approximately 93 million shekels in Alumenergy, the energy arm of Aluma Fund, and directly in Aluma Fund itself. The investment in Alumenergy, valued at 411 million shekels pre-money, will give Discount Capital a 16% stake.
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What happened
- 01Discount Capital is investing 81 million shekels in Alumenergy, Aluma Fund's energy arm, for a 16% stake.
- 02Discount Capital will also invest 12 million shekels directly into Aluma Fund for a 4% stake.
- 03The investment values Alumenergy at approximately 411 million shekels before the capital injection.
- 04Alumenergy recently acquired Supergas Natural Gas operations and is purchasing distributed OPC for 272 million shekels.
- 05Aluma Fund will retain control of Alumenergy with approximately 84% of its shares post-investment.
- 06This expands a prior partnership where Discount Capital bought a 20% stake in Aluma's energy efficiency company Esco in 2025.
This move aims to bolster Alumenergy's position as a significant energy platform, following recent acquisitions and expansion plans. The collaboration builds on a previous successful partnership between the two entities.
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