Enlight Renewable Energy Ltd. Has Completed a Substantial Stock Issuance, Raising NIS 358 Million
TEL AVIV, Israel, Dec. 23, 2019 /PRNewswire/ -- Enlight Renewable Energyannounce various investors have submitted NIS 413 million worth of purchase bids, of which Enlight has accepted NIS 358 million at a price per share of NIS 0.425, significantly higher than the tender's opening price.
- TEL AVIV, Israel, Dec. 23, 2019 /PRNewswire/ -- Enlight Renewable Energyannounce various investors have submitted NIS 413 million worth of purchase bids, of which Enlight has accepted NIS 358 million at a price per share of NIS 0.425, significantly higher than the tender's opening price.
- Enlight is experiencing significant growth and in 2019 the company's stock (TASE: ENLT) climbed almost 140%.
- Enlight Renewable Energy, founded in 2008, trades on the Tel-Aviv-125 Index.
- With 97% of its shares held by the public, Enlight is a leading company in the development, financing, construction, and operations of renewable energy generation projects.