OY Nofar Energy (TASE: NOFR) is acquiring almost half of the Reindeer power station in the southern Sharon region. This deal is taking place at the same time as a swap deal between Generation Capital (TASE: GNRS) and Rapac (TASE: RPAC). The deal will leave Generation with 52.5% of Reindeer, while Nofar will hold the rest. Nofar will sign an option with Generation to purchase the entire Reindeer power station in the event that the regulator requires it. If this deal also goes through, Nofar (which deals mainly with renewable energy) will own 100% of a conventional gas-fired power plant.