The Israel Electric Corporation Ltd - Company Profile
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The Israel Electric Corporation Ltd (IECL) is a public and government-owned power utility in Israel. The company generates power mainly through conventional energy sources. It builds, maintains, and operates power generation stations in Israel. Increase in net working capital, integrated business operations and leading market position has strengthened its operations but increasing trade receivable could remain the cause for concern to the company. Renewable initiatives in Middle East and North Africa, demand for onshore wind, positive outlook for solar pv market could provide the company new growth opportunities. However, volatility in electricity prices, operational issues and environmental laws and regulations,could affect its operations.
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