Stock exchange and capital market
Ogwind announced that the chairman of the company’s board, Gabi Seligson, has announced that it has acquired Augwind’s shares together with Moshe Kaplinsky, who serves as Ogwind’s director, Yaron Yaakovi and Zeev Bronfeld.
The scope of the purchase is approximately NIS 3.4 million. The amount of shares purchased is approximately 65,000 shares at a price of approximately NIS 52.12 per share.
Agwind was founded in November 2012 by Yogev Orr. The company specializes in the development and implementation of compressed air storage technology for the purpose of energy efficiency (AirSmart) and for the purpose of storing energy for the benefit of the electricity sector, including sources of electricity generation from renewable energies such as PV or wind.
Ogwind operates on two fronts: the energy storage market and the air compressor market. In both, it operates using technology of an underground air compression system, which allows savings of up to 40% in the energy consumption required for high-pressure air compression.
The company’s customers include PepsiCo Global, Tnuva, Strauss, Iscar, Yotvata, Rapac, IAI, Nesher Cement Works, Plastic Industries, NILIT, Keter Plastic, Aliden Plastics, and the Shalem Packaging Group.
On Sunday this week, Ogwind announced the appointment of Alon Raveh as CEO of the company – after resigning from Shikun VeBinui