(Releads with company statement)
TEL AVIV, July 13 (Reuters) - Housing and Construction, Israel's largest construction company, said on Monday it was considering making an offer to buy a stake in Solel Solar Systems Ltd.
"When the company submits such an offer, it will make another announcement," Housing and Construction said in a statement to the Tel Aviv Stock Exchange.
Israeli media had reported Housing and Construction would seek to acquire control of Solel, which has hired Credit Suisse to help find an investor for the company.
Belgian fund Ecofin, which controls Solel, acquired its stake in 2008 for about $125 million.
Last month, Israeli media reported German group Siemens was in talks to invest about $100 million in Solel. The Calcalist newspaper reported the investment would be made at a company valuation of $250 million.
An industry source told Reuters at the time that several of the world's largest technology companies operating in the area of power generation had expressed interest in investing in Solel.
Last year, Solel won a deal to supply 190,000 solar receiver systems to Madrid-based Ibereolica Solar, a Spanish solar plant developer. The receivers will power eight 50 megawatt solar power plants Ibereolica is building in southern Spain.
That followed a contract Solel received with an unnamed Spanish group for 70,000 receivers.
Combined, the two deals were worth more than $250 million, Solel said. (Reporting by Tova Cohen; Editing by Jon Loades-Carter)