No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 1, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Smotrich withdraws objection to Reindeer power station

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 2 mins read
A A
Smotrich withdraws objection to Reindeer power station
Share on FacebookShare on TwitterShare on LInkedIn


The Reindeer power station near Kfar Saba has been approved by the cabinet. Minister of Finance Bezalel Smotrich had planned to oppose the approval to ensure construction of the Shomron Interchange. But market sources say he agreed to withdraw his objections to the Reindeer power station after being told that its construction would not be at the expense of the interchange.

Now the power station required closing of financing between Powergen (the energy arm of the Generation Fund), together with Phoenix and Rapac Communications, and financing institutions that will allow construction to go ahead. When completed the power station will be capable of producing up to 900 MW and will be powered by natural gas.





RELATED ARTICLES




Smotrich links power station approval to Samaria interchange


Gov’t decides not to decide on Reindeer power plant






Planning for the power station began eight years ago, and even before its construction, it is worth hundreds of millions of shekels.

The Reindeer power station has been approved twice by the National Planning Commission. In 2024, it failed to receive cabinet approval, when several ministers opposed it, each for their own reasons. The ministers were pressured by the local councils of Kfar Saba, Darom Hasharon and Alfei Menashe, which opposed the station due to its proximity to residents’ homes. Following its second approval by the National Planning Commission three weeks ago, the same councils petitioned the High Court of Justice and demanded that approval of the station be canceled. But market sources believe that the chances of the petition being upheld are slim.

An important power station in strategic terms

This is a strategically important power station, due to its proximity to the centers of demand in the Tel Aviv metropolitan region. It is located in a top priority area and is anchored in a cabinet decision on the construction of power plants in the coming decade.

Electricity consumption in Israel is increasing, especially due to the rise in the number of electric vehicles and data centers needed for AI. Therefore, approval of many new conventional power plants is required, along with a rapid push for renewable energy production.

Published by Globes, Israel business news – en.globes.co.il – on August 10, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: objectionPowerReindeerSmotrichstationWithdraws
ShareTweetShare
Previous Post

Free tech courses kickstart ex-combat soldiers’ careers

Next Post

How to choose a mutual fund: A beginner’s simple step-by-step guide

Related Posts

edit post
Lyft CEO on the time Bill Gates told him he was making ‘the stupidest decision I’ve ever heard anyone made’

Lyft CEO on the time Bill Gates told him he was making ‘the stupidest decision I’ve ever heard anyone made’

by TheAdviserMagazine
October 1, 2025
0

Before David Risher was tasked with scripting a “comeback story” for ride-sharing company Lyft, he made a career move so...

edit post
The rise of the bro co-CEO

The rise of the bro co-CEO

by TheAdviserMagazine
October 1, 2025
0

Yesterday, Spotify founder and CEO Daniel Ek announced that he’ll be stepping down in the new year. Two of his...

edit post
AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

AI godfather warns humanity risks extinction by hyperintelligent machines with their own ‘preservation goals’ within 10 years

by TheAdviserMagazine
October 1, 2025
0

The so-called “godfather of AI”, Yoshua Bengio, claims tech companies racing for AI dominance could be bringing us closer to...

edit post
Conagra Reaffirms Outlook Even As Tariffs Add To Inflation

Conagra Reaffirms Outlook Even As Tariffs Add To Inflation

by TheAdviserMagazine
October 1, 2025
0

Conagra Brands Inc. (NYSE:CAG) on Wednesday posted first-quarter fiscal 2026 results that topped Wall Street expectations but showed year-over-year declines....

edit post
US markets regulators start shuttering as government shutdown cuts federal funding

US markets regulators start shuttering as government shutdown cuts federal funding

by TheAdviserMagazine
October 1, 2025
0

U.S. market regulators began the process of furloughing workers on Wednesday as the federal government shut down after Congress failed...

edit post
Central Asia’s maiden crypto fund launched in Kazakhstan

Central Asia’s maiden crypto fund launched in Kazakhstan

by TheAdviserMagazine
October 1, 2025
0

Central Asia's maiden Crypto fund has been launched in Kazakhstan.Alem Crypto Fund has started operating in Kazakhstan. It was established...

Next Post
edit post
How to choose a mutual fund: A beginner’s simple step-by-step guide

How to choose a mutual fund: A beginner’s simple step-by-step guide

edit post
This US billionaire doesn’t own a single stock or bond, but he uses this asset to ‘control’ his future — how you can too

This US billionaire doesn’t own a single stock or bond, but he uses this asset to ‘control’ his future — how you can too

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
The rise of the bro co-CEO

The rise of the bro co-CEO

0
edit post
Important takeaways from Nike’s (NKE) Q1 2026 earnings report

Important takeaways from Nike’s (NKE) Q1 2026 earnings report

0
edit post
Investing Lessons From Video Game Economies: What Fortnite and Roblox Can Teach You About Money

Investing Lessons From Video Game Economies: What Fortnite and Roblox Can Teach You About Money

0
edit post
The Struggle To Afford Insurance in 2026 Hits Home

The Struggle To Afford Insurance in 2026 Hits Home

0
edit post
Netanyahu meets US tech execs on AI

Netanyahu meets US tech execs on AI

0
edit post
Good News on Income – Econlib

Good News on Income – Econlib

0
edit post
Investing Lessons From Video Game Economies: What Fortnite and Roblox Can Teach You About Money

Investing Lessons From Video Game Economies: What Fortnite and Roblox Can Teach You About Money

October 1, 2025
edit post
Pi Network arms its testnet with a DEX and AMM for DeFi innovation

Pi Network arms its testnet with a DEX and AMM for DeFi innovation

October 1, 2025
edit post
Judge nixes ex-Well Fargo broker’s tax write-off claim

Judge nixes ex-Well Fargo broker’s tax write-off claim

October 1, 2025
edit post
Lyft CEO on the time Bill Gates told him he was making ‘the stupidest decision I’ve ever heard anyone made’

Lyft CEO on the time Bill Gates told him he was making ‘the stupidest decision I’ve ever heard anyone made’

October 1, 2025
edit post
The rise of the bro co-CEO

The rise of the bro co-CEO

October 1, 2025
edit post
Government Shutdown and Seniors: What You Need to Know About Social Security and Healthcare

Government Shutdown and Seniors: What You Need to Know About Social Security and Healthcare

October 1, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Investing Lessons From Video Game Economies: What Fortnite and Roblox Can Teach You About Money
  • Pi Network arms its testnet with a DEX and AMM for DeFi innovation
  • Judge nixes ex-Well Fargo broker’s tax write-off claim
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.