Doral

Doral has entered the Tel Aviv 35 Index following rapid expansion, despite a 17.2% stock drop in six months. The renewable energy firm continues global projects, data center ventures, and expects revenues to jump at least 43% by 2027.

Doral Energy received permits for the second phase of its Indiana solar project, expanding total capacity to 2.7 gigawatts by 2029 with an estimated investment of up to 3 billion shekels.

Doral's NIS 850 million Hadari Shaan solar project in Emek HaMaayanot has been successfully electrified, promising 722 MW capacity and NIS 150 million in annual revenues.

The Tel Aviv Stock Exchange is bracing for its index update, with contractor Yigal Damri, Shufersal, and Kenon facing potential exclusion from the TA-35 index amid shifting market values.

Doral summarized the second quarter of 2026 with accelerated growth in its US operations and an expanded project backlog. Consequently, the company has revised its 2027 revenue forecast upwards to 1.95 billion shekels.

Doral is increasing its stake in its US subsidiary, Doral LLC, to 53.2% through a $738 million investment. The deal aims to strengthen the company's primary growth engine and provide sufficient liquidity for project development.

Doral's market value has increased sixfold since Yoni Hantzis took office as CEO. The company is now proposing to increase his annual compensation package by 78%, to 7.4 million shekels.