PRIM fundamentals

Prime Energy P.E. Ltd. engages in the initiation, development, financing, establishment, management, and operation of projects for the production of electricity from renewable energy sources. It operates through the following segments: Photovoltaic Facilities in Israel, Construction, Operation, and Maintenance Services, and Photovoltaic Facilities in Europe. The Photovoltaic Facilities in Israel segment locates areas suitable for the establishment of facilities for photovoltaic panels, obtains permits, licenses, and funding, enters into agreements for the sale of electricity produced in the facilities, and accesses tariff tenders of the Electricity Authority. The Construction, Operation, and Maintenance Services segment offers engineering planning, licensing, procurement, construction, operation, and maintenance of photovoltaic installations in Israel. The Photovoltaic Facilities in Europe segment is involved in the initiation, acquisition, development, licensing, and construction of power generation systems in photovoltaic technology in Europe. The company was founded on March 21, 2013 and is headquartered in Rishon Le-Zion, Israel.