The government of Israel has announced a consortium of IDE technologies and Bank Leumi as the winner for Sorek B desalination plant project. The project involves the design, construction, financing, and operation of a desalination plant using reverse osmosis technology with the capacity to treat 200 million cubic meters of water per year. The concession period for the project is 25 years.

The consortium will provide desalination water at a cost of ILS 1.45 (US$ 0.41) per cubic meter of water. The project is largest desalination plant in Israel, which will increase Israel's desalination water production capacity to meet 35% of total water needs in the country.