Israel-based renewables developer Enlight has signed financing agreements for two wind projects totalling 220MW.
The two projects are Genesis Wind on the Golan Heights and Yatir in southern Israel.
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Both are in the advanced stages of development, though still awaiting various regulatory approvals that including those from the Ministry of Defense.
The agreements are with a consortium of banks led by Bank Hapoalim.
Total project financing is for NIS1.1bn (€270m).
The signing of the financing documents for each project is subject to the completion of three due diligence processes by Hapoalim Bank and its advisers.
Hapoalim Bank also led a consortium of lenders for the 96MW Emek HaBakcha wind farm, developed by Enlight in Israel.