The company was established through the initiative of a group of private entrepreneurs with the aim of promoting competition in the Israeli electricity market.

[4] In November 2023, as part of a privatization process, Dalia Energy Companies acquired the Eshkol power station, after it was owned by the Israel Electric Corporation.

The power station generates 912 megawatts of electricity produced from natural gas (with diesel acting as a backup fuel).

Dalia power station was constructed by GE with a unique design and a combination of advanced technologies that contribute to clean and efficient electricity production.

In November 2023, Dalia Energy Companies acquired the Eshkol power plant from the Israel Electric Corporation as part of a privatization process.

[7] The station has old steam turbines that are scheduled for scrapping, and in their place a new power plant will be constructed with a production capacity of 850 megawatts and large energy storage facilities.