Azerbaijan to Invest $270 Million: Second Major Deal in Israel

One of Azerbaijan's state investment institutions is exploring the possibility of a major deal in the water desalination sector in Israel. According to the Israeli publication The Marker, the Azerbaijani state company AIH is considering the acquisition of a 30% stake in the company IDE, valued at approximately $250–270 million.

IDE is considered Israel's largest water desalination company, providing around 45% of the country's desalinated water. If the deal goes through, the Azerbaijani side will become one of the major shareholders in this strategically significant infrastructure.

If the investment is realized, it will mark Azerbaijan's second major state investment in Israel. The previous significant deal occurred in the summer of 2025, when the SOCAR company acquired a 10% stake in Israel's Tamar gas field for $1.25 billion. This new initiative is viewed in the context of deepening Azerbaijan's economic cooperation with Israel.