Driving Israel’s Energy Transformation: Driving Israel’s Energy Transformation Keystone is a major player in Israel’s national electricity sector, with power plants generating approximately 10% of the country’s electricity (2,300 MW). These plants provide cleaner, more stable, and cost-effective energy, fostering competition and sustainability in the energy market.
Strengthening National Water Security: Keystone invests in critical desalination infrastructure that produces 20% of Israel’s desalinated water, ensuring a stable and reliable water supply across the country.
Moving Millions, Connecting Destinations: Keystone holds a controlling stake in Egged, Israel’s largest and most influential public transportation company, which operates in three countries and serves nearly one million passengers daily. Additionally, Keystone owns Drive Group, responsible for the operation and maintenance of over 1,600 kilometers of roads.
Bridging the Digital Divide: Keystone is developing an advanced telecommunications platform, including a cross-border fiber-optic network and large-scale data centers currently in planning stages, ensuring cutting-edge connectivity.
Accelerating the Green Transition: Keystone is actively investing in wind, solar, and energy storage projects across three global markets. These renewable energy ventures drive exponential growth while promoting sustainability and environmental responsibility.
Egged Real Estate is the property development and asset management arm of Egged, overseeing and optimizing the company’s extensive real estate holdings.
Fair Market Value (as of December 31, 2024)
Total Land Area
Located in High-Demand Areas
Egged is Israel’s largest public transportation company, operating across five business sectors. As part of its long-term growth strategy, the company established Egged Real Estate, a dedicated platform for managing and developing its real estate assets.
With around 390 dunams of strategically located properties, Egged Real Estate is focused on maximizing asset value, unlocking development potential, and expanding its real estate operations.
Diverse Portfolio
24 assets spanning approximately 390,000 sqm, with an estimated value of 1.2 billion NIS.
Nationwide Presence
Properties in Jerusalem, Haifa, Lod, Holon, Be’er Sheva, Ashdod, Kiryat Gat, and other key urban centers.
Business Optimization and Strategic Growth Focus
Active development and optimization of Egged’s high-value real estate assets.
Phone: 972-(0)3-5170122
Email: info@keystoneisrael.com
Ariel Sharon 4, Givatayim, Floor 31 (HaShahar Tower)
Keystone is a publicly traded company on the Tel Aviv Stock Exchange, specializing in strategic infrastructure investments with significant cash flow and value-enhancement potential, in Israel and worldwide. We provide investors with exclusive access to the high-potential infrastructure sector, an asset class that was once restricted to institutional players. Infrastructure investments are characterized by strong returns relative to risk, resilient demand, and predictable, stable cash flows — even in volatile market conditions.
As of June 30, 2026 Keystone's total investments amount to approximately 4.7 bilion NIS. The company reports a weighted IRR of around 14% on all investments made to date. Keystone generates an average annual cash flow of roughly 315 million NIS and has distributed cumulative dividends totaling 311 million NIS since its inception.
To maximize growth and asset performance, Keystone operates through dedicated investment platforms across energy, renewable energy, transportation, communications, and water infrastructure. Each platform is led by top-tier industry professionals, ensuring specialized expertise, business development, and value enhancement — all backed by stable asset cash flows. This structure enables expanded financing sources and optimized investment returns.
Keystone’s investments create value beyond financial returns — they shape Israel’s economy and improve daily life for millions. Through Keystone, investors contribute to critical infrastructure that delivers electricity to homes and businesses, transports a million passengers daily, ensures water security and connects people and communities with cutting-edge infrastructure.
Keystone was founded in 2019 by Ronnie Biram (Chairman), Gil Deutsch, and CEO Navot Bar, following the Israeli government’s strategic push to expand private investment in infrastructure. In 2021, Keystone became a publicly traded company, and since then, it has experienced accelerated growth, continuously expanding and enhancing its portfolio in Israel and abroad. With a long-term vision and a commitment to professional, creative, and responsible management, Keystone is not just investing in infrastructure — it’s building the future.
