Ben Moshe and Blila in advanced negotiations to purchase orchards for about NIS 50 million

Ribua Kahol Real Estate and Nadav B. Logistics are in advanced negotiations to acquire approximately 1,300 dunams of orchards from the Yachin Hakal group for about NIS 50 million, located between Yavne and Ashdod. The companies plan an agro-solar project combining agriculture with solar electricity generation.

Ribua Kahol Real Estate, controlled by Moti Ben Moshe, and Nadav B. Logistics, owned by real estate developer Nadav Blila, are in advanced negotiations to purchase approximately 1,300 dunams of orchards from the Yachin Hakal group for about NIS 50 million. The land is located near the community of Aseret, between Yavne and Ashdod. The companies intend to promote an agro-solar project, combining agricultural cultivation with solar electricity generation. The consideration reflects about NIS 38,500 per dunam. In February, the government approved National Outline Plan 1/24, regulating the establishment of agro-voltaic facilities. Blila already has activity in the orchard sector through his company Port Hadarim, and the partnership with Ribua Kahol Real Estate is not new – in July, a joint logistics venture in Ashdod was reported.