The 1.1-MW facility will be on Blue Square's new logistics center in Beer Tuvia.
Sources inform ''Globes'' that Solaria Ltd., a unit of Shari Arison-controlled Shikun u'Binui Holdings Ltd. (TASE: SKBN) will build a 1.1-megawatt solar energy facility on the roof of the logistics center under construction in Beer Tuvia by Alon Holdings Blue Square - Israel Ltd. (NYSE: BSI; TASE: BSI). The system will cost NIS 16 million to build, and Solaria will rent the space from Blue Square subsidiary Blue Square Real Estate Ltd. (TASE: BLSR), which handles the supermarket chain's properties, for 20 years at NIS 440,000 a year.
Published by Globes [online], Israel business news - www.globes-online.com - on November 2, 2010
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