Controlled by real-estate entrepreneur Ehud Ben Shach and Accountant Nissan Caspi also an energy entrepreneur and a senior financial advisor in the field of energy and infrastructure.

The profile of assets of the Global Power is based on a range of projects in the private electricity generation sector which Caspi has been putting together these past few years. At the head of the list is the project to set up an IPP by IPM in Beer Tuvia, which is supposed to be a 413 MW CCGT for $400 million. In this project, Shikun Ve’Binui holds 60% and the IPM group which includes Eco Capital (15%), Epstein Engineering of Dr. Yoav Sarne, the PS partnership of Adv. Yehuda Rave and Hagi Marom and the US Power Company from Chicago. This project is still at the statutory stages and has been delayed this past two years because of opposition from the local citizens.

Another project that could be conceptualized soon is that of the IPP at the Silica plant which is a cogeneration plant of 115 MW out of which 15 MW would be used by the Silica factory and 90 tons of steam to be used by Silicat as well. The IPP is to be constructed at an investment of $150 million by a consortium in which Eco holds 25% with partners from NASPAR of Assi Shelgi and Eyal Daisy (25%) and the owners of the Silicat plant the DSI company (50%).