Keystone is a publicly traded infrastructure investment fund (TASE: KSTN), founded in 2019. We connect capital, operations, and people to build smarter, more resilient infrastructure throughout Israel. We invest in long-term, contract-backed assets spanning energy, transportation, telecommunications, and water. As active owners, we turn innovation into execution, operating with clear KPIs and full transparency.

With more than NIS 3.7 billion invested since inception, a double-digit weighted IRR, and hundreds of millions in cumulative dividends, we drive Israel forward.

What we build:

 • Reliable energy: advanced power generation, grid availability, PPAs
 • Seamless mobility: income-generating transport assets, PPP/DBFM concessions
 • Faster connectivity: cross-border fiber and cable systems, connectivity infrastructure
 • Sustainable water: desalination and wastewater infrastructure

How we operate:

 • Contract-backed, long-term assets (PPAs, availability payments)
 • Hands-on value creation as active owners with operational KPIs and strong governance
 • Partnership-first with developers, EPCs, lenders, and public-sector stakeholders

Our focus areas:

 • Selective acquisitions and hands-on development in energy and transport
 • Strategic entry into connectivity infrastructure: fiber, subsea cables, data centers
 • Global expansion with broader reach and international capital visibility
 • Sustainable growth with long-term alignment between capital markets and infrastructure needs

What sets us apart:

We acquire infrastructure companies or assets with potential and unlock value through business creativity, operational talent, and strong execution capabilities.

Keystone: smart investments. Transformative infrastructure.


Keystone Infrastructure

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Keystone Infrastructure

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