Articles from Enlight Renewable Energy Ltd.

TEL AVIV, Israel, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced it will release its financial results for the fourth quarter and full year ended December 31, 2024, before market open on Wednesday, February 19, 2025.

The transaction is based on a valuation of $114 million for the entire Cluster, comprised of a $102 million base and an additional $12 million in deferred consideration upon fulfillment of the conditions of its payment

The debt financing package includes $550 million of construction loans

The Solar generation unit was commissioned earlier this year, with COD at the Energy Storage now completing the complex

Pupin incorporates 94 MW of wind generation capacity, cost $155-160 million to construct, and is expected to generate approximately $22-23 million of revenues and $16-17 million of EBITDA in its first full year of operation

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted

TEL AVIV, Israel, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announced today that it will host an Investor Event at the Tel Aviv Stock Exchange on Tuesday, November 19, 2024. 

TEL AVIV, Israel, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces that its U.S. subsidiary Clenera has signed a new power purchase agreement (“PPA”) with Arizona Public Service (“APS”) for its Snowflake A Project (“Snowflake A” or “the Project”). The busbar fixed price PPA encompasses the Project’s 600 MW of solar generation capacity and 1900 MWh of energy storage availability, and is for a duration of 20 years.

TEL AVIV, Israel, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced it will release its financial results for the third quarter ended September 30, 2024, before market open on Wednesday, November 13, 2024.

The Cluster includes 12 facilities, with a combined solar generation capacity of 254 MW and energy storage capacity of 594 MWh, and produces over 50% of the clean electricity in Israel’s newly deregulated power market

TEL AVIV, Israel, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the initial start of commercial operations at its Atrisco Solar & Energy Storage project (“Atrisco”, “the Project”) outside Albuquerque, New Mexico. The Project consists of 364 MW solar generation capacity and 1.2 GWh of energy storage capacity, and was developed and built by Enlight’s U.S. subsidiary Clenera.

The Project incorporates 60 MW of solar generation capacity, and cost $48 million to construct

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted

The financing package for the energy storage portion of the project includes over $400 million of loans and tax equity arranged by HSBC and U.S. Bank

TEL AVIV, Israel, July 19, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced it will release its financial results for the second quarter ended June 30, 2024, before market open on Wednesday, August 7, 2024.

TEL AVIV, Israel, July 01, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced the release of its 2023 Sustainability report.

TEL AVIV, Israel, May 20, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced the Company will participate in two upcoming investor conferences.

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted

TEL AVIV, Israel, April 18, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced it will release its financial results for the first quarter ended March 31, 2024, before market open on Wednesday, May 8, 2024.

TEL AVIV, Israel, March 28, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC").

A $1011 million loan to Enlight is the first under new renewables auction scheme

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted

TEL AVIV, Israel, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced it will release its financial results for the fourth quarter and full year ended December 31, 2023, before market open on Monday, February 26, 2024.

TEL AVIV, Israel, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced its participation in the Bank of America Power Utilities & Clean Energy Conference in New York City on Monday, March 4, 2024.

BOISE, Idaho, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Clēnera, the U.S. subsidiary of Enlight Renewable Energy (TASE: ENLT.TA; NASDAQ: ENLT), today announced a leadership transition as Jason Ellsworth, CEO and Co-Founder, will be stepping down at the end of June 2024. Adam Pishl, Co-Founder of Clēnera and currently its COO, will assume the role of CEO.

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted

BOISE, Idaho, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), today announced that Country Acres Clean Power LLC (“Country Acres” or the “Project”), an affiliate of its subsidiary Clenera Holdings LLC, has entered into certain agreements in connection with a new project under development located in Placer County, California (the “Project”). The Project is expected to have an installed capacity of 392 MWdc / 344MWac of solar energy and 688 MWh of energy storage.

TEL AVIV, Israel, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today provided details for its third quarter 2023 financial results conference call on Monday, November 20, 2023 at 8:00 a.m. ET.

TEL AVIV, Israel, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, is pleased to announce the start of commercial operations at Genesis Wind, the largest renewable energy project in Israel. Genesis Wind was connected to Israel’s electricity grid in June 2023, and as of October 13 began selling electricity. Initially, 34 of the project’s 39 turbines have reached commercial operations, comprising a generation capacity of 180 MW. The remaining five turbines are expected to be operational after the completion of final tests, raising capacity to 207 MW.

TEL AVIV, Israel , Oct. 02, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA) is pleased to announce that it has been awarded a 15-year inflation-linked power purchase agreement (“PPA”) for the Company’s Pupin wind farm in Serbia. Under the PPA, the state-owned utility Elektroprivreda Srbije will purchase 72% of the project’s output at a price of EUR 69 per MWh linked to Eurostat's Consumer Price Index. The remainder of the electricity produced will be sold on a merchant basis.

TEL AVIV, Israel, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), is pleased to announce that Applied Materials Israel, a division of the leading global microchip producer Applied Materials, has entered into a 15-year corporate power purchase agreement (“PPA”) for the supply of renewable energy to its Israeli operations. The electricity will be sourced from Enlight’s solar and storage facilities currently under construction in Israel. The agreement comes with an option to increase consumption volumes based on Applied Material Israel’s needs.

TEL AVIV, Israel, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced the release of its 2021-2022 Environmental, Social, and Governance (ESG) report. The report provides an update on Enlight’s ESG policies, initiatives, and performance.

TEL AVIV, Israel, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), a global renewable energy platform, is pleased to announce that it has commenced the commercial operation of the Arad Valley 1 project in Israel, with a solar generation capacity of 17 MW and a storage capacity of 31 MWh.

Partnership is expected to transform the Israeli electricity market

PHOENIX, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Clēnera, an Enlight Company (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), today announced a 20-year power purchase agreement (“PPA”) with Arizona Public Service (APS), Arizona’s largest utility, for 258 MW of solar and 824 MWh of battery storage at the CO Bar complex outside of Flagstaff, Arizona.

The combined solar and storage project is the largest of its kind in Israel and Enlight’s first ever storage project to reach commercial operations

TEL AVIV, Israel, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced its participation in the Barclays CEO Energy Power Conference in New York City on Tuesday, September 5, 2023.

BOISE, Idaho, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Clēnera, an Enlight company (NASDAQ: ENLT, TASE: ENLT), today announced that the Apex Solar project located in Beaverhead County, Montana began commercial operations on August 4, 2023. The start of commercial operations is an important milestone for the group, as it is the first joint project completed by Clēnera since Enlight acquired the Company in August 2021. Moreover, the project was delivered on schedule, highlighting the group’s continued focus on execution.

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted

PHOENIX, July 31, 2023 (GLOBE NEWSWIRE) -- Salt River Project (SRP) and Clēnera, an Enlight Company (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), today announced a power purchase agreement for an additional 394 megawatts (MW) (AC) – or 475 MW (DC) – of clean energy at CO Bar Solar outside of Flagstaff, Arizona. This is the second agreement executed between Clēnera and SRP at the CO Bar complex, and with both agreements, SRP has now procured nearly 800 MW (AC) – 1,000 MW (DC), or 1 gigawatt (GW) – of power from the project. Once operational in 2025, Clēnera estimates CO Bar Solar will offset more than 4 billion pounds of carbon dioxide emissions each year.

TEL AVIV, Israel, July 19, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today provided details for its second quarter 2023 financial results conference call on Wednesday, August 9, 2023 at 8:00 a.m. ET.

TEL AVIV, Israel, June 12, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT) a leading global renewable energy platform, is pleased to announce the successful commissioning of the first wind turbine at Genesis Wind. With a total capacity of 207 MW, Genesis Wind is set to be the largest renewable energy project in Israel, revolutionizing the renewable energy landscape across the country.

TEL AVIV, Israel, June 06, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT), today announced its participation in the ROTH MKM 9th Annual London Conference in London from Tuesday, June 20 to Thursday, June 22, 2023.

TEL AVIV, Israel, June 05, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQENLT), a leading global renewable energy platform, has entered into a corporate power purchase agreement (“PPA”) with Amdocs NASDAQ: DOXNASDAQDOX)

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted

Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT), today provided details for its first quarter 2023 financial results conference call on Thursday, May 11, 2023 at 8:00 a.m. ET.