O.Y. Nofar Energy Ltd (TASE:NOFR) acquired an unknown stake in Blue Sky Utility LLC on July 28, 2021. Nofar Energy Ltd acquired 67% of the interest in Blue Sky Utility for a total consideration of $91 Million. The acquisition capital will be divided up between $26 million of initial purchase and equity injection into Blue Sky and a debt facility of $65 million provided for future growth investments. Beta Finance Ltd. acted as financial advisor to O.Y. Nofar Energy Ltd. Barnea Jaffa Lande & Co. acted as legal advisor to O.Y. Nofar Energy Ltd. Wilmer Cutler Pickering Hale and Dorr LLP acted as legal advisor to O.Y. Nofar Energy Ltd. KPMG LLP acted as accountant to O.Y. Nofar Energy Ltd. Garrett DeFrenza Stiepel Ryder LLP acted as legal advisor to Blue Sky Utility LLC. O.Y. Nofar Energy Ltd (TASE:NOFR) completed the acquisition of an unknown stake in Blue Sky Utility LLC on July 28, 2021.