Keystone Reit, an Israeli investment fund specialising in the infrastructure sector, has acquired 30% of the shares of Eranovum e-Mobility, a recently created company focused mainly on the implementation and operation of charging stations for electric vehicles, and will be able to increase its stake by an additional 19% to 49% of the company’s capital.
Keystone Fund is an Israeli infrastructure investment fund established in 2019, as part of the government’s policy to promote and encourage investments in infrastructure in Israel, including water, wastewater and waste projects, energy infrastructure, transportation and PPP projects.
The fund’s founders are entrepreneurs Roni Biram (who serves as chairman of the board), Gil Deutsch and the fund’s CEO, Navot Bar.
The Cuatrecasas team involved in the advisory services was formed by Corporate/M&A partner Francisco Pérez-Crespo, along with lawyers Amador Rodríguez and Juan Manuel Navajas, who were also supported by other professionals from different areas of the firm.
The Gornitzky & Co. was led by partner Ronit Rosenstein-Barel, as well as senior associate Liron Koren and associates Lior Elkayem and Rotem Ivgi.
Eranovum e-mobility is being advised by Watson Farley & Williams on the development of its electric vehicle recharging network across Spain, as the company announced in January, with a team led by partner José María Anarte.
