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Story summary
- Bank Hapoalim is providing $85 million financing to U.S. energy firm Stark Power.
- Shahaf Gilad leads the credit facility on behalf of Bank Hapoalim.
- The facility includes a loan up to $60 million and a guarantee up to $25 million.
- Shmulik Arbel, head of Hapoalim’s Business Division, said the deal advances the bank’s U.S. market presence.
- Stark Power develops energy infrastructure and data centers across the United States.