Deutsche Bank Eyes Israeli Renewable Energy Deals

Source:

"We enthusiastically support the future growth of the Israeli renewable energy industry. . ."

Deutsche Bank DNKGn.DE said on Monday it was seeking out partnerships and investment opportunities in Israel's renewable energy sector.

"We enthusiastically support the future growth of the Israeli renewable energy industry and very much look forward to taking an active role in its development," said Boaz Schwartz, Deutsche's Israel country head.

"The combination of efficient utilization of natural resources and advanced technologies coupled with Deutsche Bank's know-how and experience is a win-win proposition for the renewable energy markets here in Israel and around the world."

Deutsche established an office in Israel in 1994. It said it is active in the global renewable energy arena and has been involved in numerous global energy projects as financial advisor and equity investor. Israel in recent years has been developing renewable energy technologies.

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