Advs. Micki Shapira, Michael Horowitz and intern Or Griess represented Mivtach Shamir Energy in a cooperation agreement in the field of battery energy storage systems with the Chinese company, Shanghai Electric Group Co., Ltd, one of the largest energy companies in the world.

With this transaction, Mivtach Shamir enters the field of energy storage, which is now considered to be an important field with worldwide growth, given the need for solar field operators and wind turbines to provide cheap and available electricity despite their fluctuating ability to generate power.

Advs. David Schapiro, Peter Sugarman, Eliran Furman, Nitzan Kahana, Lior Cohen Goldstein and intern Yaakov Sapir represented a Shapir Civil and Marine Engineering Ltd. and Orian S.M., which together won a tender for the construction of a logistics center for the IDF about a year ago; in a complex multi-party negotiations with the Ministry of Defense and a syndication of lenders, to finance the debt required to establish the project, which included a variety of agreements with contractors and subcontractors in the various fields that are required to establish and operate the project. The financing package for the project includes a debt of approximately NIS 2.2 billion. 

Advs. David Schapiro, Nitzan Kahana and Evyatar Katz, together with intern Yaakov Sapir, represented the infrastructure and energy fund Generation Capital in its acquision, together with the British investment fund Dalmore Capital Limited, of 30% of Porterbrook, one of the largest British rolling stock companies, with a fleet of about 4,000 trains (about 25% of passenger trains in the UK).

Advs. David Schapiro and Shai Margalit represented Shapir Engineering and Manufacturing in entering into a memorandum of understanding in connection with the implementation of an investment of approximately NIS 53 million in Avrot Industries Ltd., against an allotment of 45.1% of Avrot shares. Avrot is a public company traded on the Tel Aviv Stock Exchange.