IC Green Energy Ltd. (ICG), a wholly owned subsidiary of Israel Corp., is the majority shareholder of Primus Green Energy. Israel Corp. is the largest corporation in Israel, with ownership in oil processing, distribution, alternative energy, fertilizer and specialty chemicals, shipping and transportation companies.
ICG is Israel Corp.’s vehicle for investing in the high growth alternative energy market, in particular companies engaged in sourcing renewable energy sources such as solar energy and biofuels. ICG’s strategy is to gain a competitive advantage by investing in companies that develop cutting-edge technologies and enable cost-effective production of various alternative energy forms.
With a scalable process, technology and feedstock models and a sizable gasoline market, our opportunities for growth through additional plants and technology are virtually unlimited. This is a unique opportunity for investors to participate in the commercialization of drop-in fuels from biomass.
Yom Tov Samia, Chairman, Primus Green Energy and President, IC Green Energy