Kenon Holdings Ltd.

Regulatory Filings • Jul 5, 2016

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF A FOREIGN ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

July 5, 2016

Commission File Number 001-36761

Kenon Holdings Ltd.

1 Temasek Avenue #36-01 Millenia Tower Singapore 039192 (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ⌧ Form 40-F

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No ⌧

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

EXHIBIT 99.1 TO THIS REPORT ON FORM 6-K IS INCORPORATED BY REFERENCE IN THE REGISTRATION STATEMENT ON FORM S-8 (FILE NO. 333-201716) OF KENON HOLDINGS LTD. AND IN THE PROSPECTUSES RELATING TO SUCH REGISTRATION STATEMENT.

Exhibits

99.1 Press Release, dated July 5, 2016: Discount Bank and Harel Insurance Have Agreed to Provide a Credit Facility of NIS One Billion (Approximately \$260 Million) For the Construction of OPC's Cogeneration Facility in Hadera

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

KENON HOLDINGS LTD.

Date: July 5, 2016 By: /s/ Yoav Doppelt

Name: Yoav Doppelt Title: Chief Executive Officer

July 5th 2016

Press Release

Discount Bank and Harel Insurance Have Agreed to Provide a Credit Facility of NIS One Billion (Approximately \$260 Million) For the Construction of OPC's Cogeneration Facility in Hadera

I.C. Power, a wholly owned subsidiary of Kenon Holdings, announced today the signing of an agreement with Israel Discount Bank and Harel Insurance Group for the financing of NIS one billion (approximately \$260 million) for the construction of OPC's private power station in Hadera. Discount Bank will also serve as the credit agent for the financing transaction.

This loan is additional to the equity investment that was provided by I.C. Power, in the amount of 20% of the project cost (estimated to be \$250 million).

The plant is scheduled to begin operations in the second half of 2018.

In August 2015, I.C. Power acquired from Hadera Paper Ltd. ("HP") a company which owns a conditional license for the construction of a cogeneration power plant near HP, for a total consideration of NIS 60 million. The power plant, with a capacity of approximately 140 MW, will generate electricity and steam in a combined process (cogeneration) and is expected to reach an overall efficiency of approximately 75%. The steam generated by the plant will be sold to HP for its paper production process, and the electricity will be sold to HP, additional private customers and to Israel Electric.

The power plant will incorporate two high efficiency 6F.01 gas turbines and a steam turbine, supplied by General Electric.

General Electric will also perform the maintenance of the two 6F.01 gas turbines for a period of 20 years.

Cautionary Statement Concerning Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements with respect to IC Power's AIE business, including the expected commencement date of the power plant at Hadera and expected capacity and efficiency and expected project cost and equity investment. These statements are based on current expectations or beliefs, and are subject to a number of risks and uncertainties, which could cause future events to differ materially from those indicated in such forward-looking statements. Such risks include potential delays in completing the project and the ultimate project cost and efficiency, and other risks and factors, including those set forth under the heading "Risk Factors" in Kenon's Annual Report on Form 20-F, filed with the U.S. Securities and Exchange Commission. Except as required by law, IC Power and Kenon undertake no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.

For further information: Amir Eisenberg 0528-260285; Shay Elias 0522- 546635; Lee Shine 052-7512226; Office: 03-7538828