- Business
- Shikun & Binui Ltd. is an Israeli-based global infrastructure and real estate company founded in 1924 and headquartered in Airport City, Israel. The company operates through subsidiaries in over 20 countries across four continents, specializing in the development, construction, and operation of large-scale infrastructure, real estate, energy, and concession projects. Its core products and services include construction of residential and non-residential buildings; infrastructure development, often utilizing Public-Private Partnership (P3) and Design-Build models; real estate development and management; and energy production, with a focus on renewable energy projects such as solar and wind power generation. The energy division encompasses the development, financing, construction, and operation of power generation plants, maintaining a growing independent power producer (IPP) presence in Israel, Europe, and the United States.
Recent major company developments include strategic expansion in the US market through the acquisition of the US construction firm i+iconUSA to enhance capabilities in P3 and Design-Build projects. In 2024 and 2025, Shikun & Binui Energy advanced solar power initiatives with significant projects including a 10 MW solar energy plant with battery storage in Israel and the nearing completion of a 71 MW solar park in Romania. The company continues to secure substantial financing deals to support real estate projects, including a one-billion-NIS financing package for a major real estate development in Ben Shemen. Additionally, Shikun & Binui has successfully issued series bonds to strengthen its capital base and facilitate ongoing investments in infrastructure and energy sectors.
The company targets governmental, institutional, and private sector clients across infrastructure, real estate, and energy markets. Its operational footprint spans Israel, North America, Europe, and other international regions. Through its diversified portfolio and strategic partnerships, Shikun & Binui maintains a leading position in Israel’s construction and infrastructure sector while expanding its global reach in renewable energy and sustainable development projects. The company continues to innovate in alternative delivery methods, blending global expertise with local autonomy, particularly in the US market via its subsidiary S&B USA.
Shikun & Binui’s comprehensive business segments include infrastructure construction, real estate development, renewable energy production, concessions management, and public-private partnerships. Its subsidiaries and affiliates operate in construction contracting, property management, and energy project implementation, positioning the group as a multi-disciplinary leader in integrated infrastructure and sustainable development solutions worldwide. Recent operational changes underscore a strategic emphasis on renewable energy expansion and enhanced market penetration in the United States, supported by increased financing capacity and acquisition-driven growth.