Enlight

Enlight Renewable Energy Reports Fourth Quarter 2023 Financial Results

Retrieved on: 
Monday, February 26, 2024
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TEL AVIV, Israel, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the fourth quarter and full year ended December 31, 2023. The Company’s earnings webcast will be held today at 8:00 AM ET. A link to this webcast can be found at the end of this earnings release.

Key Points: 
  • 4 The section titled “Non-IFRS Financial Measures” below contains a description of Adjusted EBITDA, a non-IFRS financial measure discussed in this press release.
  • A reconciliation between Adjusted EBITDA and Net Income, its most directly comparable IFRS financial measure, is contained in the tables below.
  • Such information may have a significant, and potentially unpredictable, impact on the Company’s future financial results.
  • Enlight plans to hold its Fourth Quarter 2023 Conference Call and Webcast on Monday, February 26, 2024 at 8:00 a.m.

Enlight Renewable Energy Releases ESG Report

Retrieved on: 
Monday, September 18, 2023
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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.

Key Points: 
  • 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.
  • “Our goal at Enlight is to accelerate the global transition to renewable energy through the development of wind, solar and energy storage projects that are moving the world closer to Net Zero.
  • A copy of the ESG report is available on the Enlight website.

Enlight Energy and Electra Power to Establish Joint Venture Supplying Clean Energy Directly to Residential Customers in Israel

Retrieved on: 
Wednesday, September 6, 2023
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Enlight is a leading Israeli renewable energy producer with a strong local and global presence across solar, wind and battery energy storage projects.

Key Points: 
  • Enlight is a leading Israeli renewable energy producer with a strong local and global presence across solar, wind and battery energy storage projects.
  • Electra Power and Enlight are poised to leverage each of their competitive advantages in the Israeli market to establish a leading supplier of clean energy to residential customers.
  • Tens of thousands of new residential customers have embraced this change, benefiting from diverse and cost-effective power options.
  • As per the MOU, Electra Power will hold a 65% stake in the joint venture, with Enlight owning the remaining 35%.

Enlight Subsidiary Clēnera Begins Commercial Operations at Apex Solar

Retrieved on: 
Friday, August 18, 2023
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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.

Key Points: 
  • 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.
  • Apex Solar, which is an equivalent size to the largest solar project in Montana, is expected to make a significant contribution to the renewable energy mix in the state.
  • “Apex Solar is now part of the diverse portfolio of generation resources serving our Montana customers,” said NorthWestern Energy Vice President Supply and Montana Government Affairs John Hines.

SodaStream and Enlight Sign Agreement For the Supply of Renewable Energy

Retrieved on: 
Tuesday, August 1, 2023
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KFAR SABA, Israel, Aug. 1, 2023 /PRNewswire/ -- As the world's leading sparkling water brand and a subsidiary of PepsiCo (NASDAQ: PEP), SodaStream has entered into a corporate power purchase agreement ("PPA") with Enlight Renewable Energy (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform. The agreement will enable the full operation of SodaStream's global production sites in Israel to operate utilizing renewable energies beginning in 2024.

Key Points: 
  • The 15-year agreement will enable SodaStream to transition to 100% renewable energy by the beginning of 2024 at all of its global production sites in Israel.
  • KFAR SABA, Israel, Aug. 1, 2023 /PRNewswire/ -- As the world's leading sparkling water brand and a subsidiary of PepsiCo (NASDAQ: PEP), SodaStream has entered into a corporate power purchase agreement ("PPA") with Enlight Renewable Energy (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform.
  • The agreement will enable the full operation of SodaStream's global production sites in Israel to operate utilizing renewable energies beginning in 2024.
  • Gilad Yavetz, Co-Founder, and CEO of Enlight Renewable Energy, stated: "Since the deregulation of the electricity market in Israel, we have seen significant demand for renewable energy from Israel's leading multinational companies.

Enlight Energizes the First Wind Turbine at Genesis Wind, Israel's Largest Renewable Energy Project

Retrieved on: 
Monday, June 12, 2023
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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.

Key Points: 
  • 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.
  • The wind farm, located in Northern Israel, features 39 cutting-edge wind turbines from General Electric that will harness the abundant wind resources of the region.
  • "The successful commissioning of the first wind turbine at Genesis Wind marks a significant milestone in Israel's renewable energy journey," said Gilad Yavetz, CEO at Enlight.

Enlight to Supply Renewable Energy to Amdocs

Retrieved on: 
Monday, June 5, 2023
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TEL AVIV, Israel, June 05, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT), a leading global renewable energy platform, has entered into a corporate power purchase agreement (“PPA”) with Amdocs (NASDAQ: DOX), a leading software and services provider to media and communication companies.

Key Points: 
  • TEL AVIV, Israel, June 05, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT), a leading global renewable energy platform, has entered into a corporate power purchase agreement (“PPA”) with Amdocs (NASDAQ: DOX), a leading software and services provider to media and communication companies.
  • Under the agreement, Enlight will supply green energy to Amdocs to power the software giant’s new office campus in Israel.
  • The PPA, which extends for 12 years, is expected to account for 100% of the energy consumption at Amdocs’ new innovative campus “Amdocs Park,” which spans dozens of acres.
  • Gilad Yavetz, Co-Founder and CEO of Enlight Renewable Energy: “We have entered a new era in Israel of solar generation, storage, and electricity supply through corporate PPAs to large customers.

Enlight Renewable Energy Reports First Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 11, 2023
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TEL AVIV, Israel, May 11, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the first quarter ended March 31, 2023.

Key Points: 
  • We intend to announce material information to the public through the Enlight investor relations website at https://enlightenergy.co.il/info/investors , SEC filings, press releases, public conference calls, and public webcasts.
  • We use these channels to communicate with our investors, customers, and the public about our company, our offerings, and other issues.
  • This release presents Adjusted EBITDA, a financial metric, which is provided as a complement to the results provided in accordance with the International Financial Reporting Standards as issued by the International Accounting Standards Board (“IFRS”).
  • A reconciliation of the non-IFRS financial information to the most directly comparable IFRS financial measure is provided in the accompanying tables found at the end of this release.

Enlight Energizes Project Björnberget, One of the Largest Wind Farms in Europe

Retrieved on: 
Monday, October 3, 2022
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TEL AVIV, Israel, Oct. 3, 2022 /PRNewswire/ -- Enlight Renewable Energy (TASE: ENLT) is pleased to report that the Björnberget wind farm has achieved all necessary regulatory requirements to start the gradual process of commercial operation. Project Björnberget is one of the largest wind farms in Europe and constitutes Enlight's largest operational project to date.

Key Points: 
  • Project Bjrnberget is one of the largest wind farms in Europe and constitutes Enlight's largest operational project to date.
  • The project comprises 60 advanced wind turbines from Siemens Gamesa Renewable Energy with each turbine comprising 6.2 MW.
  • The first turbine has commenced commercial operation and Enlight expects the entire wind farm to be commercialized during the first quarter of 2023.
  • Founded in 2008, Enlight is a leading international renewable energy developer and independent power producer, operating across the three largest renewable segments: solar, wind, and energy storage.

Enlight Energizes Project Björnberget, One of the Largest Wind Farms in Europe

Retrieved on: 
Monday, October 3, 2022
Tel Aviv Stock Exchange, Farm, Professional, PPA, Wind, Enlight Renewable Energy, Multimedia, Enlight, Siemens Gamesa, TEL, Power purchase agreement, Electricity, TASE, Company, Renewable energy

TEL AVIV, Israel, Oct. 3, 2022 /PRNewswire/ -- Enlight Renewable Energy (TASE: ENLT) is pleased to report that the Björnberget wind farm has achieved all necessary regulatory requirements to start the gradual process of commercial operation. Project Björnberget is one of the largest wind farms in Europe and constitutes Enlight's largest operational project to date.

Key Points: 
  • Project Bjrnberget is one of the largest wind farms in Europe and constitutes Enlight's largest operational project to date.
  • The project comprises 60 advanced wind turbines from Siemens Gamesa Renewable Energy with each turbine comprising 6.2 MW.
  • The first turbine has commenced commercial operation and Enlight expects the entire wind farm to be commercialized during the first quarter of 2023.
  • As a global company, Enlight operates across more than 10 countries and 3 continents: the U.S., Europe, and Israel.