Generation Capital News
1 article
growth-positive
Generation Capital raises NIS 280m on TASE
Generation Capital, an infrastructure fund, has successfully raised approximately NIS 280 million through a public offering led by More Investment House. The offering involved issuing shares and options to institutional investors, with More Investment House becoming a significant stakeholder. The funds will primarily be used for investments in the energy and environmental sectors, areas where Generation Capital anticipates significant growth. The companys shares have shown substantial returns, and the offering is expected to strengthen its capital base, enabling further expansion. The market cap of Generation Capital has reached NIS 1.47 billion, reflecting investor confidence in its growth potential.
PIPE/POInvestment