# Shikun & Binui שיכון ובינוי

> Shikun & Binui is an Israeli infrastructure and real estate group whose subsidiaries develop, finance, build and operate roads, bridges, housing, water and energy projects. Its concessions business combines construction with long-term operating or maintenance obligations, including major projects in the United States.

- **Founded:** 1924
- **Headquarters:** Airport City, Israel
- **Founders:** Histadrut (Founding labor federation of predecessor Solel Boneh (1924))
- **Products:** Infrastructure construction and EPC, Concessions and public-private partnerships, Real estate development, Water infrastructure, Energy development and operation
- **Notable:** Predecessor Solel Boneh participated in construction of the Knesset, completed in 1966., Participated in Highway 6 and Hadera desalination infrastructure., Fargo-Moorhead project participation includes a 30-mile channel and 30-year post-construction O&M term.

## Products & services

- **Infrastructure construction and EPC** — Engineering, procurement and construction of roads, bridges, tunnels, public buildings and other civil works through subsidiaries including Solel Boneh and S&B USA.
- **Concessions and public-private partnerships** — Development, project finance and long-term operation or maintenance of transport, water and social infrastructure under project-specific agreements.
- **Real estate development** — Residential developments, commercial property and rental assets, including the Chalomot residential projects.
- **Water infrastructure** — Civil and marine works and concession participation in desalination and water-related infrastructure; the Hadera facility was completed in 2009.
- **Energy development and operation** — Power-generation and storage activities through Shikun & Binui Energy. A July 2026 agreement contemplated sale of the energy company, subject to approvals when announced.

## Achievements

- Predecessor Solel Boneh participated in construction of the Knesset, completed in 1966.
- Participated in Highway 6 and Hadera desalination infrastructure.
- Fargo-Moorhead project participation includes a 30-mile channel and 30-year post-construction O&M term.
- Pennsylvania package covers six major interstate bridge locations and a 35-year maintenance term.
- Fargo-Moorhead was selected among five finalists for the 2025 UNECE PPP and Infrastructure Award, according to S&B USA.

## Latest updates

- **2026-09** — A public-authority update on Fargo-Moorhead described construction completion targeted for 2026 and system operation in spring 2027; this is a project forecast.
- **2026-07** — Agreement signed for PowerGen, controlled by Generation Capital, to acquire Shikun & Binui Energy for NIS 4.45 billion. Regulatory approvals were required when announced; completion is not established by the cited announcement.
- **2026-03** — Fiscal 2025 annual report published; reported revenue was approximately ILS 9.30 billion.

## Links

- Website: https://shikunbinui.com/en/
- LinkedIn: https://www.linkedin.com/company/shikun%26binui-solel-boneh-infrastructure-ltd-/
- YouTube: https://www.youtube.com/channel/UCiBzlq7S7gtU8PUc5k3r3Eg
- Facebook: https://www.facebook.com/Shikun.Binui/

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Profile page: https://yespress.io/shikun-and-binui
Published by YesPress — https://yespress.io
Last updated: 2026-10-22