
With ‘practical market knowledge across the entire energy sector’, Herzog Fox & Neeman has experience spanning pumped storage, renewables, gas field developments, transmission and distribution assets, as well as large-scale captive energy arrangements for multinational users. The practice acts for sponsors and lenders on energy financings and maintains a strong regulatory capability alongside its transactional work. Team heads Adam Eytan and Eran Wagner ’advise with clarity’, and Mark Phillips specialises in power, transport, and upstream oil and gas projects. The department further showcases Zara Gold, an adviser on power, desalination, transport and upstream gas projects; and environment and climate change group head Ruth Dagan.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘Herzog’s energy lawyers work closely across disciplines - project finance, IP, regulatory, and infrastructure - to deliver integrated and creative solutions.’
- ‘They are particularly adept at navigating government regulations and unlocking novel structuring opportunities, including ESG aspects, to help clients mitigate risk and enhance value.’
- ‘Their culture of continuous learning and client-centric approach fosters trust and responsiveness, making them a preferred partner for energy sector leaders navigating Israel’s dynamic market.’
- ‘Exceptional in its ability to combine deep legal expertise with practical market knowledge across the entire energy sector.’
- ‘Whether handling cutting-edge renewable energy projects, traditional power plants, or complex regulatory issues, the team offers insightful, commercially-focused advice tailored to the evolving needs of clients.’
- ‘Adam Eytan and Eran Wagner advise with clarity and hands-on involvement, guiding clients seamlessly through every stage, from project development to financing and operations.’
Key clients
- Meshek Energy
- Emek Habacha Wind Energy
- Rapac Energy
- Shamir Energy
- Ashdod Refinery
- Bank Hapoalim
- Bank Leumi Le-Israel
- Israel Electric Corporation
- Mizrachi Tefahot Bank
- Enlight Renewable Energy
- EDF Renewable Energy
- Star Pumped Storage
Work highlights
Advised Bank Leumi, and other lenders, on a $750m Israeli-law term loan to Energean Israel, which refinanced 2026 notes and funded the Katlan gas field development.
Advising Bank Leumi and Discount Bank on the NIS4.25bn financing of the 550–900 MW Dalia 2 power plant.
Advising senior lenders on the partial prepayment and refinancing of IPM Beer Tuvia’s approximately NIS 1–1.4 billion project financing for its 450MW CCGT plant.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Adam Eytan; Mark Phillips
Other key lawyers
Eran Wagner; Zara Gold; Ruth Dagan


