Tue Jul 19, 2016 10:26am GMT
JERUSALEM, July 19 (Reuters) - Israeli conglomerate Delek Group said on Tuesday it is in advanced talks to sell an 87 megawatt power plant to a group of investors for about 200 million shekels ($52 million).
The plant is located in the Israeli coastal city of Ashkelon, adjacent to a huge desalination plant in which Delek is also a partner.
In a statement to the Tel Aviv Stock Exchange, Delek described the potential buyers only as a "group of institutional and private investors". ($1 = 3.8590 shekels) (Reporting by Ari Rabinovitch)
© Thomson Reuters 2016 All rights reserved
SOURCE