The Gaza border kibbutz of Be’eri, which say one-tenth of its residents murdered by Hamas terrorists on October 7 two years ago, is set to make its biggest investment since that dark day, in renewable energy.

It has joined Kibbutz Hatzerim, where Be’eri’s evacuated residents are still living, and an infrastructure fund at the financial advisory and investment banking firm Giza Singer Even, to buy 25 percent of Arava Power for NIS 115 million (roughly $35 million).

In a deal due to be signed Sunday, the infrastructure fund will contribute NIS 70 million ($21.5 million), while Be’eri and Hatzerim will each invest NIS 20 million ($6.15 million).

Be’eri’s funds will come from its own businesses, led by its successful printing press.

According to the Calcalist........

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