Enlight Renewable Energy

EBRD and Erste Approve Financing for the Pupin Windfarm in Serbia

Retrieved on: 
Wednesday, March 27, 2024
Electricity, Economy, European Central Bank, Coal, Reconstruction, Policy, Sale, Blacksmith, Wind, Carbon, Corporate finance, Enlight Renewable Energy, EBRD, TEL, State, Renewable energy

TEL AVIV, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced The European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth $101 million for the construction of a new windfarm in Serbia, which will be built by Enlight. The financing package will provide a major boost to the country’s goal of diversifying its energy mix.

Key Points: 
  • The financing package will provide a major boost to the country’s goal of diversifying its energy mix.
  • The EBRD and Erste will provide parallel loans, worth $50.5 million each, including the associated debt service reserve facilities.
  • The Pupin project is expected to begin operating commercially in the second half of 2025.
  • The windfarm will also help to reduce the carbon intensity of Serbia’s power sector and advance its green economy transition.

Nasdaq Applauds the Launch of Zacks Israel 150 Platform

Retrieved on: 
Wednesday, March 20, 2024
Institutional Investor, Research, Enlight Renewable Energy, Cryptocurrency

CHICAGO, March 20, 2024 /PRNewswire/ -- Nasdaq Stock Exchange extends its congratulations to Zacks Investment Research, a premier provider of investment-related data, research, and commentary, on the inauguration of Zacks Israel 150 - https://israel150.zacks.com/ .

Key Points: 
  • CHICAGO, March 20, 2024 /PRNewswire/ -- Nasdaq Stock Exchange extends its congratulations to Zacks Investment Research, a premier provider of investment-related data, research, and commentary, on the inauguration of Zacks Israel 150 - https://israel150.zacks.com/ .
  • The newly unveiled Zacks Israel 150 platform showcases over 150 Israeli companies listed on US exchanges, empowering investors worldwide with comprehensive insights and analysis.
  • Anchored by Zacks' seasoned analysts, each profiled company receives a dedicated article disseminated across Zacks' extensive network, spanning Institutional Investor platforms, Retail investor platforms, the Zacks Media Network, and Zacks Social Network.
  • Companies featured on Zacks Israel 150 gain unparalleled visibility within the US investment community through Zacks' renowned distribution platform.

Zacks Launched the Israel 150 Platform

Retrieved on: 
Tuesday, March 12, 2024
Research, Protalix BioTherapeutics, Tower Semiconductor, Zacks, Enlight Renewable Energy, Geography, Eltek, Cryptocurrency

CHICAGO, March 12, 2024 /PRNewswire/ -- Zacks Investment Research, a leading provider of investment-related data, research, and commentary, proudly announces the launch of Zacks Israel 150 - https://israel150.zacks.com. This new platform focuses on Israeli companies listed on US exchanges, providing global investors with easy access to valuable information.

Key Points: 
  • CHICAGO, March 12, 2024 /PRNewswire/ -- Zacks Investment Research, a leading provider of investment-related data, research, and commentary, proudly announces the launch of Zacks Israel 150 - https://israel150.zacks.com .
  • Zacks Israel 150 allows investors to rank Israeli equities based on criteria such as annual sales, market cap, assets, exchange, industry, and sectors.
  • Companies listed on Zacks Israel 150 gain extensive visibility in the US investment community through Zacks' renowned distribution platform.
  • At Zacks Investment Research, the Israel 150 platform represents the initial step in leveraging the advanced distribution platform to offer investors convenient access to investment opportunities categorized by geography, sectors, and other criteria.

Enlight to Report Fourth Quarter and Full Year 2023 Financial Results on Monday, February 26, 2024

Retrieved on: 
Monday, February 12, 2024
TEL, Enlight Renewable Energy, Webcast

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.

Key Points: 
  • 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.
  • Enlight will host a conference call to review its financial results and business outlook on Monday, February 26, 2024 at 8:00 a.m.
  • Management will deliver prepared remarks followed by a question-and-answer session.
  • Participants can join by conference call or webcast:

Enlight Announces Participation at the Bank of America Power Utilities & Clean Energy Conference

Retrieved on: 
Thursday, February 8, 2024
TEL, Conference, Bank, Bank of America, Enlight Renewable Energy, Cryptocurrency

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.

Key Points: 
  • 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.
  • Management will be available for one-on-one and small group meetings with institutional investors during the conference.
  • For more information about the conference or to request a meeting, please contact your Bank of America sales representative.

Clēnera Announces a Planned CEO Transition

Retrieved on: 
Tuesday, January 16, 2024
Entrepreneurship, Professional, Mission, Enlight Renewable Energy, Saint, Church, Growth, Management

Adam Pishl, Co-Founder of Clēnera and currently its COO, will assume the role of CEO.

Key Points: 
  • Adam Pishl, Co-Founder of Clēnera and currently its COO, will assume the role of CEO.
  • The six-month transition period allows for a smooth handover of responsibilities, ensuring continued growth for Clēnera and its partners.
  • “My faith is foundational to who I am and what Adam and I built together at Clēnera,” said Ellsworth.
  • Enlight’s board of directors and its entire management are fully committed to the success of Adam, Clēnera, and every employee.

Enlight to Report Third Quarter 2023 Financial Results on November 20, 2023

Retrieved on: 
Thursday, November 9, 2023
TASE, TEL, Enlight Renewable Energy, Conference, Webcast

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.

Key Points: 
  • 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.
  • Enlight plans to hold its Third Quarter 2023 Conference Call and Webcast on Monday, November 20, 2023 at 8:00 a.m.
  • ET to review its financial results and business outlook.
  • Management will deliver prepared remarks followed by a question-and-answer session.

Genesis Wind, Israel's Largest Renewable Energy Project, Has Commenced Commercial Operations

Retrieved on: 
Monday, October 16, 2023
Electricity, TASE, Enlight Renewable Energy, Wind, EBITDA, CO2, TEL, Golan Heights, Renewable energy

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.

Key Points: 
  • 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.
  • After years of hard work, the vision has now become a reality, as the largest renewable energy project in Israel commences commercial operation.

Enlight Secures PPA for the Pupin Wind Farm in Serbia

Retrieved on: 
Monday, October 2, 2023
Electricity, Enlight Renewable Energy, USD, Kilowatt-hour, Elektroprivreda Srbije, TEL, EUR, EBITDA, Acquisition, TASE, Consumer, PPA, Renewable energy, Pupin, Nordex, Eurostat

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.

Key Points: 
  • 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.
  • Construction of the Pupin wind farm began in the second quarter of 2023, post the realization of a turbine supply agreement with Nordex.
  • Upon execution of the PPA, Enlight will have completed all development milestones of the project.
  • Pupin is located adjacent to Blacksmith, Enlight’s first wind farm located in Serbia with a capacity of 105 megawatts and operational since July 2019.

Enlight to Supply Renewable Energy to Applied Materials Israel

Retrieved on: 
Tuesday, September 26, 2023
Applied Materials, Electricity, Growth, ESG, TEL, Partnership, Traction, Enlight Renewable Energy, TASE, Renewable energy

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.

Key Points: 
  • 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.
  • Sourcing power from Enlight will enable Applied Materials Israel to gain traction on its ESG targets and meet a global commitment to use energy from exclusively renewable sources by 2030.
  • Gilad Yaavetz, CEO of Enlight Renewable Energy: "We are proud to provide clean electricity to Applied Materials, helping them make practical moves to net zero emissions status.
  • I anticipate that demand for renewable energy in Israel will continue to grow as other firms join this trend."