Stark Power Secures $85 Million Credit Facility to Accelerate U.S. Utility-Scale Power Acquisitions

## Stark Power Closes $85M Credit Facility for U.S. Power Asset Expansion Tel Aviv-based energy developer Stark Power Ltd. (TASE: STRK) has secured an $85 million credit facility from Bank Hapoalim, providing the company with significant capital to pursue utility-scale power asset acquisitions and project construction across the United States, according to a PR Newswire release dated September 28, 2026. The facility is structured to serve a dual purpose: funding the acquisition of already-operating utility-scale power plants and providing bridge financing for the initial construction phases of new projects ahead of formal financial close. The arrangement gives Stark Power the financial flexibility to move quickly on opportunities in a competitive U.S. energy market. ### Relevance to the Maritime and Port Energy Sector While Stark Power operates primarily in the broader energy development space, the expansion of utility-scale power infrastructure carries direct implications for the maritime industry. Port authorities, shipyards, and marine terminals across the United States are increasingly dependent on reliable grid-scale power to support electrification initiatives, shore power (cold ironing) infrastructure, and the charging networks required for emerging zero-emission vessel fleets. Investment in utility-scale generation capacity helps underpin the energy ecosystem that ports and coastal industrial facilities rely upon, particularly as regulatory pressure mounts on both sides of the Atlantic to reduce emissions from vessels at berth. ### Company Background Stark Power is listed on the Tel Aviv Stock Exchange and positions itself as both a developer and acquirer of power generation assets. The company's U.S. expansion strategy reflects a broader trend of international energy investors targeting American infrastructure amid strong demand growth driven by data centres, industrial reshoring, and the energy transition. Bank Hapoalim, one of Israel's largest financial institutions, has an established track record in project finance and infrastructure lending, lending credibility to the transaction structure. ### Market Context The U.S. power sector is experiencing heightened acquisition activity as investors seek stable, yield-generating infrastructure assets. Operating utility-scale plants offer immediate cash flow, while early-stage construction financing allows developers to capture projects before they reach the more competitive later-stage funding market. Full details of the facility terms, including tenor and interest rate structure, were not disclosed in the announcement.