Energix - Renewable Energies Ltd (TASE:ENRG) announced a private placement of common shares for gross proceeds of ILS 103 million on January 14, 2019. The transaction will include participation from Menorah for ILS 40 million, Psagot, and existing investor Migdal Holdings to hold 6.31% of the company's shares. The investor will acquire a stake of 5.59% in the company through the transaction. The company received the funding at a valuation of ILS 1.9 billion.