What Dalia Energy does

Dalia Energy (דליה אנרגיות) is Israel's largest private electricity supplier, operating as a vertically integrated power producer and electricity retailer since 2005. The company owns and operates two power plants with a combined installed capacity of 2,518 MW: the 900 MW Dalia Power Plant at the Tzafit site in the Judean Foothills (operational since 2015) and the 1,606 MW Eshkol Power Plant in Ashdod (acquired from the Israel Electric Corporation in June 2024 for NIS 9 billion). Together these plants produce approximately 16% of Israel's electricity using combined-cycle gas turbine technology, with 58% efficiency at the legacy Dalia plant and 63-64% at planned H Class expansions. Supporting infrastructure includes an 88 MWh lithium-ion energy storage facility using Sungrow technology, operational since 2024.

Dalia sells electricity directly to two customer segments: large business customers with annual electricity bills exceeding NIS 500,000, served through dedicated enterprise field sales, and private households served since 2023 through a distributor network following the opening of Israel's electricity supply market. Pricing is quote-based, offering discounts to Israel Electric Corporation tariffs on multi-year fixed contracts with no infrastructure changes required. The customer base spans major Israeli enterprises (Shufersal, Unilever Israel, Azrieli Group, McDonald's Israel, Menora Mivtachim, Had-120) plus hundreds of thousands of residential customers. Reported revenue was NIS 2.7 billion in 2024 (EBITDA NIS 1,021M) and NIS 2.6 billion in 2025 (EBITDA NIS 1,162M).

The company is executing a multi-year capex program of over NIS 17 billion: two 850 MW Siemens H Class combined-cycle plants under construction (Dalia Hareda, Eshkol Avshal), a NIS 10 billion Eshkol development program, and the DALIAI AI center and data center project at the Ashdod site with approximately 130 MW of IT capacity and a Ministry of Communications submarine fiber optic cable landing station license. Dalia is privately held by Meshek Energy-Renewable Energies (50%), Hiram Epsilon (25%), Daniel Caesarea Holdings (20%), and Orot Energy Holdings (5%), and carries an A3 bond rating with stable outlook.

Name

Dalia Energy

Legal name

דליה אנרגיות בע"מ

Website

https://dalia-power.co.il

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Dalia Energy is Israel's largest private electricity supplier, operating 2,518 MW of combined-cycle gas turbine capacity (~16% of national production). The company sells discounted electricity directly to enterprises and households under multi-year contracts, with 1,700 MW of new H Class capacity and an AI data center project in development.

Ownership category

akta.pro rank

Product category

Power Generation and Electricity Supply

NAICS

Fossil Fuel Electric Power Generation (221112), Electric Power Generation (22111), Electric Bulk Power Transmission and Control (221121)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991), Engines & Turbines (3510)

akta.pro primary industry

Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield) (EUACABAI)

akta.pro secondary industries

Gas Turbines (Industrial & Utility-Scale) (IMAHAFAA), Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA)

Keywords

• Private power generation
• Electricity supply
• Combined-cycle generation
• Energy storage
• Natural gas power

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Electricity Sales to Business Customers: Sale of electricity generated from natural gas directly to large commercial and industrial customers at discounted rates compared to Israel Electric Corporation tariffs. Customers with annual electricity bills exceeding 500,000₪ are targeted. Revenue from B2B sales reached 100% of sales by 2022, transitioning from 30% in 2015.
2. Electricity Sales to Residential Customers: Sale of electricity to private households through a distribution network. Service began in 2023, with hundreds of thousands of households now consuming electricity from Dalia.
3. Green Electricity and EAC Certificates: Sale of electricity from renewable energy sources combined with energy storage for round-the-clock supply. Company issues Energy Attribute Certificates (EAC) under IREC standard for customers to reduce carbon footprint.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Dalia Energy generates electricity at privately owned combined-cycle gas turbine power plants and supplies it directly to large commercial and industrial customers, and since 2023 to private households, at rates discounted from Israel Electric Corporation tariffs. The company also offers green electricity bundled with IREC-standard Energy Attribute Certificates and ancillary grid services including frequency stabilization and black start support from an 88 MWh lithium-ion storage facility.

Product overview

Dalia Energy is a vertically integrated electricity provider operating multiple power generation facilities and supplying electricity directly to customers. The portfolio includes the Dalia Power Plant (900 MW, operational since 2015) and Dalia Hareda expansion (850 MW, under construction) at the Tzafit site, as well as the Eshkol Power Plant (1,606 MW, acquired 2024) and Eshkol Avshal expansion (850 MW, under construction) at the Ashdod site. Supporting infrastructure includes an 88 MWh lithium-ion energy storage facility. The company supplies electricity to businesses and households at competitive rates compared to the Israel Electric Corporation, and is developing DALIAI, an AI and data center initiative. Green Electricity services offer renewable energy with IREC certification.

Differentiator

Problem solved

Functional benefit

Brands

• DALIAI: AI center and data center project at Eshkol complex in Ashdod, with power capacity of approximately 130 MW, including technology development, logistics center and AI park.

Products and services

• Electricity Supply Services Private electricity supply to large commercial and industrial customers (annual electricity bills over 500,000 NIS) and to residential households, delivered at rates discounted from Israel Electric Corporation tariffs over the existing national grid with no changes required to the customer's physical infrastructure. The company handles the entire supplier-switching process.
• Green Electricity with Energy Attribute Certificates Electricity supply from renewable energy sources combined with energy storage for round-the-clock supply, offered under long-term agreements. Each MWh is paired with an IREC-standard Energy Attribute Certificate (EAC) to enable customers to substantiate a reduction in their carbon footprint.

Quantifiable outcome

• 16% of Israel's electricity production from 2,518 MW capacity
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Three Chinese Companies (Infrastructure Deal)coreStrategic or Co-development Partner · 1 February 2026Dalia Energy signed agreements with three Chinese companies to build power plants as part of an Israeli infrastructure deal. This partnership represents reconstruction of bilateral cooperation between Israel and China following the Gaza war, with Dalia playing a key role in energy infrastructure development.
• GE - General ElectriccoreTechnology or IntegrationOriginal Dalia power plant built by Alstom, which later merged with GE. Plant uses GE technology and is maintained with GE expertise.
• SungrowcoreTechnology or IntegrationLithium-ion energy storage technology provider for Dalia's 88 MWh energy storage facility operational since 2024.
• SiemenscoreTechnology or IntegrationH Class turbine technology provider for Dalia Expansion plant (850 MW) and Avshal plant.
• Noga - Israel Electric CorporationcoreStrategic or Co-development PartnerNoga is the independent government company managing Israel's electricity transmission system. Dalia's power plants connect to Noga's national transmission grid. Also partner in electricity reform enabling privatization of IEC assets.

Scale indicators11 records

Recent moves11 records

Expansion highlights4 records

Direct peers

• OPC Energy: Israel's other listed private independent power producer, operating natural gas-fired CCGT plants (Rotem and Dorad) supplying private customers. Closest direct peer given shared CCGT technology, Israeli market, and private-supply business model.

Broad incumbents

• Israel Electric Corporation (IEC): State-owned incumbent utility and historical monopoly in generation, transmission, and distribution. Directly comparable as the largest power producer in Israel and the entity from which Dalia is winning market share and acquiring assets.
• Vistra Corp: Large US independent power producer and retail electricity supplier with a significant CCGT and renewables portfolio. Comparable business model: own generation, supply end customers, and manage merchant exposure to wholesale power.
• Calpine Corporation: Largest US fleet of natural gas-fired combined-cycle and geothermal plants, supplying wholesale and retail customers. Closest international analogue to Dalia's CCGT-heavy fleet and supply strategy.
• NRG Energy: US competitive power producer and retail electricity provider with a mix of gas, renewables, and capacity assets. Comparable in operating both generation and customer supply across multiple states.
• Engie: Global utility with a large CCGT and renewables portfolio and energy supply operations across multiple geographies. Comparable at the level of integrated generation-and-supply business and the energy transition pivot.
• Edison International / Sempra Infrastructure: Integrated US utilities with significant CCGT and renewable generation plus regulated and competitive supply. Comparable for the combination of large-scale generation, retail supply, and grid-services capabilities.

Regional players

• Enlight Renewable Energy: Israeli renewable energy developer with wind, solar, and storage projects. Comparable as a competitor in Israel's emerging private supply and PPA markets, though focused on renewables versus Dalia's gas-fired base.
• Shikun & Binui Energy: Israeli infrastructure conglomerate with a growing renewable energy and concessions business. Comparable as a domestic competitor developing private power and energy infrastructure in Israel.
• Energean: Israel-focused upstream oil and gas producer (operator of Karish/Tamar area assets). Comparable because it supplies the natural gas that fuels Dalia's plants and operates in the same Israeli energy ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/DaliaPowerPlants
• LinkedInlinkedin.com/company/dalia-power/mycompany

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dalia Energy