BlueGen Water, together with its subsidiary Dekel (50% ownership) and in partnership with the Shapir Group, has been awarded the tender to design, build, finance, and operate Israel’s first large-scale Waste-to-Energy facility in the Neot Hovav Industrial Zone.
BlueGen Wins Tender for Israel’s First Waste-to-Energy Facility in Neot Hovav
The facility is expected to process approximately 300,000 tons of municipal waste per year and generate about 50 MW of continuous electricity, marking a significant step forward in Israel’s environmental infrastructure.
Estimated investment: ~ILS 1.5 billion
Expected revenue over ~25-year concession: ~ILS 9 billion
Scale: Expected to be the largest waste treatment facility in Israel
This project expands BlueGen’s activities beyond water and wastewater into integrated environmental infrastructure—an area we are actively developing alongside desalination, wastewater reuse, and industrial treatment solutions.
Today, approximately 80% of Israel’s waste is landfilled, compared with about 20–25% in developed countries. Waste-to-Energy facilities are a key component in transitioning to advanced infrastructure solutions, reducing landfill dependency while generating renewable energy.
This win reflects BlueGen’s strategy to build an integrated waste platform across the full value chain—from sorting and recycling through treatment and energy recovery—creating long-term environmental and economic value.
“Reducing landfill disposal, transforming waste into energy through advanced technologies, and implementing the principles of the circular economy are core values of our group. The Neot Hovav project demonstrates our commitment to sustainable environmental solutions with long-term national impact. This win reinforces BlueGen’s position as a leading environmental infrastructure developer in Israel and a strong player in BOT projects.”
