SOLTERRA ENERGY LTD
TTASE:SOLT-M227.30
ILA
+0.10
(+0.04%)
ISIN
IL0001690119
Return %
Stock
S&P 500
1Y
-42.19
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Itschak Shrem
- Full Time Employees
- 6
- Sector
- Electronic technology
- Industry
- Computer processing hardware
- Address
- Tel Aviv Israel
- IPO Date
- Jan 1, 1983
- Website
- a-i.com
- Similar Companies
- Business
- Solterra Energy Ltd. is a publicly traded renewable energy development and investment company headquartered in Petah Tikva, Israel. Originally incorporated in 1978 and historically operating under the names Formula Vision Technologies (F.V.T.) Ltd. and AI Speech Systems Ltd., the company transitioned its core business focus to the clean energy sector following a reverse merger and restructuring. Solterra Energy focuses on the initiation, engineering, permitting, and management of clean power generation and energy storage assets. The company's portfolio of offerings and operations encompasses: site identification, land acquisition, and securing land use rights for utility-scale renewable power installations; technical feasibility studies, regulatory permitting, environmental compliance, and electrical grid interconnection approval management; engineering, procurement, and development oversight for ground-mounted solar photovoltaic (PV) facilities and onshore wind energy farms; integration, design, and deployment of utility-scale battery energy storage systems (BESS); commercial origination and structuring of long-term power purchase agreements (PPAs), feed-in tariffs, and structured project financing; asset management, performance optimization, and operations and maintenance (O&M) oversight; and holding strategic equity interests and securities in renewable infrastructure ventures. The company directs its project development and investment activities toward international markets, primarily across Europe (including Italy and Poland) and Israel, serving municipal grid operators, independent power producers (IPPs), commercial and industrial off-takers, and institutional energy investors. In major recent corporate developments, the entity completed a reverse merger in December 2024 with Solterra Renewable Energies (originally founded in 2022), officially changing its corporate name to Solterra Energy Ltd. on the Tel Aviv Stock Exchange under the ticker SOLT-M. In July 2026, Solterra Energy executed a significant corporate divestment by selling 100% of its operating subsidiary, Solterra Renewable Energies Ltd., to Sunflower Sustainable Investments Ltd. for a total consideration of approximately NIS 30.4 million, consisting of NIS 14 million in cash and approximately 4% of Sunflower's issued equity share capital. Following the completion of the transaction with Sunflower, the company formally terminated a prior merger agreement with Brand Energy. In August 2026, Solterra Energy underwent executive leadership restructuring, which included the departure of Chief Executive Officer Eran Litvak and the Chief Financial Officer, and the appointment of Yitzhak Shrem as Chief Executive Officer to direct the company's forward corporate and investment strategy.