Ofer Yannay built Nofar Energy from an Israeli renewables startup into a company with a market value of about 6.125 billion shekels, or roughly US$4 billion, after years of rapid expansion in solar power and energy storage across multiple countries. For readers of LIKE magazine, the lesson is simple: in markets as in fashion or art, the people who make or save money are often the ones who spot scale early, understand the business model, and pay attention to who controls the asset.
Nofar presents itself as a company that “initiates, builds and operates renewable and energy storage projects around the world,” with operations in Israel, the United States, Britain, Spain, Romania, Poland and Italy. It says its mission is to help reach zero emissions by 2050 through clean energy, and its portfolio includes 1,741 MW of solar projects and 3,438 MWh of energy storage that are connected, under construction or ready to be built.
The company’s growth helps explain the valuation jump from about US$800 million last year to roughly US$4 billion now. Investors tend to reward companies that move beyond simple development into ownership, operations and storage, because those businesses can generate recurring cash flow and benefit from the global shift away from fossil fuels. Nofar’s latest public materials show a much larger balance sheet, broader geographic reach and enough scale to attract major financing and partnerships.
Those partnerships matter. Nofar has announced major deals and financing in Romania and Europe, while supplier LONGi said in January that it had expanded a 1-gigawatt partnership with Nofar in Europe. That kind of relationship signals that Nofar is no longer just chasing projects; it is becoming a platform company capable of executing across borders.
Yannay’s public image is tied to that ambition, but it is also rooted in family. He was born in 1975, the second of eight children, to parents who immigrated from Tunisia and Libya, and profiles of him describe a self-made founder who built his success through persistence and instinct. He has also said the love of his life is his daughter, a remark that gives his biography a personal center and helps explain why his story lands as more than a stock-market tale.
That father-daughter bond fits a larger human pattern: fathers often pass down identity, discipline and memory, while daughters frequently become a source of emotional softness and continuity. In the best versions of that relationship, business success looks less like conquest than stewardship. Yannay’s own words place him in that tradition, a businessman who speaks in the language of expansion but measures his life in family terms.
His sporting passion adds another layer. Yannay controls Hapoel Tel Aviv basketball club, and the team has become part of his public persona as well as his business empire. Hapoel Tel Aviv is now privately owned under his leadership, and reports say he holds about 56% of the club while seeking fresh capital through a crowdfunding campaign that could be a step toward an eventual public offering.
The club’s makeup reflects the modern game: a mix of Israeli players and imported talent, backed by serious spending and aimed at competing in domestic and European basketball. That approach mirrors Yannay’s energy business — aggressive, international and built around scale. Even the team’s ambitions, including arena expansion and higher-profile competition, echo the same logic that helped Nofar grow.
For LIKE readers, the practical takeaway is that companies like Nofar can create wealth not only for founders and shareholders, but also for anyone who learns to read the signs early. Follow the model, not just the headline: recurring revenue potential, storage capacity, international partners, financing access and founder control can all matter more than a single quarter’s results. In Yannay’s case, the story is not only that he made a fortune; it is that he built a business big enough to reshape how energy, sports and personal brand can intersect.
(Videographer: Michael de la Force, LIKE Magazine, 6.1.26)[Insert link to Lil Bow Wow, LIKE MIKE, “Basketball”: https://m.youtube.com/watch?v=DkSC_2ZMFb0 ]
https://m.youtube.com/watch?v=DkSC_2ZMFb0
(Michael de la Force, LIKE® Magazine, 6.2.2026)
Source post: https://facebook.com/michael.delaforce/videos/1319292252868318/