Enlight Renewable Energy Ltd

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q3 2024

Earnings data Q4 2024

Enlight Renewable Energy reports robust Q2 growth and U.S. expansion

Enlight Renewable Energy's Q2 performance reflects strong financial results and strategic advancements in key markets.
While facing challenges in Spain, the company's focus on growth opportunities and project execution bodes well for future success.
With a resilient approach and a commitment to above-market growth, Enlight Renewable Energy is poised for continued growth and profitability.

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Enlight Renewable Energy Ltd. engages in wind energy and solar energy in Israel and in the international market. It initiates, plans, develops, finances, and manages the construction and operation of projects that generate electricity. Enlight Renewable Energy operates through the following segments: Solar Energy in Israel, Wind Energy in Israel, Wind Energy in Central-Eastern Europe, Wind Energy in Western Europe, Solar Energy in Central-Eastern Europe, and Construction and Management. The Construction and Management segment provides construction and operation services for all projects the company owns. The company was founded on March 13, 1981 and is headquartered in Rosh HaAyin, Israel.

The debt f inancing package includes $ 550 million of construction loans

Enlight Announces the Financial Close for Project Roadrunner

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

Enlight Announces the Initial Commencement of Commercial Operations at the Pupin Wind Farm in Serbia

Enlight Renewable Energy is an Israeli IPP with a diversified portfolio, focusing on US projects due to favorable tax credits, making it a "buy". Planned investments will significantly boost capacity and revenue, with US projects driving growth, despite potential legislative risks and high debt levels. ENLT's revenue is largely secured through PPA contracts, ensuring stability, while DCF analysis indicates a 45% undervaluation, supporting the "buy" rating.

Enlight Renewable Energy: U.S. Growth Plan Is The Main Strength And Risk

Enlight Renewable Energy Ltd (NASDAQ:ENLT ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Yonah Weisz - Director of Investor Relations Gilad Yavetz - Chief Executive Officer & Co-founder Adam Pishl - Chief Executive Officer & Co-founder of Clenera Nir Yehuda - Chief Financial Officer Conference Call Participants Justin Clare - ROTH Capital Partners Jack Hurley - Mizuho David Paz - Wolfe Operator Good day, and thank you for standing by. Welcome to the Enlight's Third Quarter 2024 Earnings Call.

Enlight Renewable Energy Ltd (ENLT) Q3 2024 Earnings Call Transcript

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the third quarter ending September 30, 2024.

Enlight Renewable Energy Reports Third Quarter 2024 Financial Results

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.

Enlight to Host an Investor Event 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.

Enlight Announces a Power Purchase Agreement for the Snowflake A Project in Arizona

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.

Enlight to Report Third Quarter 2024 Financial Results 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

Enlight Announces the Full Commencement of Commercial Operation of the Solar & Storage Cluster in Israel

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 Atrisco Solar & Storage Project Has Commenced Commercial Operations

The Project incorporates 60 MW of solar generation capacity, and cost $48 million to construct Tapolca is Enlight's fifth project in Hungary, bringing the Company to a total of 144 MW of operating generation capacity in the country TEL AVIV, Israel, Aug. 18, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the commencement of operations at the Tapolca solar project (“the Project”) in Hungary, which has a production capacity of 60 megawatts. The project began commercial sales of electricity on July 31, 2024, ahead of the Company's original schedule.

Enlight Announces the Commencement of Commercial Operations at the Tapolca Solar Project in Hungary

Enlight Renewable Energy Ltd. (NASDAQ:ENLT ) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Yonah Weisz - Director of Investor Relations Gilad Yavetz - CEO and Co-founder of Enlight Nir Yehuda - CFO of Enlight Adam Pishl - CEO and Co-founder of Clenera Conference Call Participants Justin Clare - Roth Capital Partners Maheep Mandloi - Mizuho David Paz - Wolfe Research Operator Good day, and thank you for standing by.

Enlight Renewable Energy Ltd (ENLT) Q2 2024 Earnings Call Transcript

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the second quarter ending June 30, 2024.

Enlight Renewable Energy Reports Second Quarter 2024 Financial Results

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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

Enlight Announces Financial Close on Atrisco Energy Storage Project

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.

Enlight to Report Second Quarter 2024 Financial Results on Wednesday, August 7, 2024

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.

Enlight Announces Participation at Upcoming JP Morgan and Roth MKM Investor Conferences

Enlight Renewable Energy Ltd (NASDAQ:ENLT ) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Yosef Lefkovitz - Vice President & Corporate Finance Gilad Yavetz - Co-Founder & Chief Executive Officer Jason Ellsworth - Co-Founder, Clenera & Chief Executive Officer Nir Yehuda - Chief Financial Officer Conference Call Participants Justin Clare - ROTH MKM Maheep Mandloi - Mizuho Michael Fairbanks - JPMorgan David Paz - Wolfe Research Yosef Lefkovitz Good morning, everyone and thank you for joining our First Quarter 2024 Earnings Conference Call for Enlight Renewable Energy. Before beginning this call, I would like to draw participants' attention to the following: certain statements made on the call today, including but not limited to statements regarding business strategy and plans, our project portfolio, market opportunity, utility demand and potential growth, discussions with commercial counterparties and financing sources, pricing trends for materials, progress of company projects, including anticipated timing of related approvals and project completion and anticipated production delays, expected impact from various regulatory developments, completion of development, the potential impact of the current conflict in Israel on our operations and financial condition and company actions designed to mitigate such impact, expected changes in Clenera's leadership and the company's future financial and operational results and guidance, including revenue and adjusted EBITDA are forward-looking statements within the meaning of US Federal Securities law which reflect management's best judgment based on currently available information.

Enlight Renewable Energy Ltd (ENLT) Q1 2024 Earnings Call Transcript

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, May 08, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the first quarter March 31, 2024.

Enlight Renewable Energy Reports First Quarter 2024 Financial Results

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.

Enlight to Report First Quarter 2024 Financial Results 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").

Enlight Announces Filing of Form 20-F For The Year Ended December 31, 2023

Enlight Renewable Energy is an Israel-based IPP with a large presence in Israel and Europe, and several projects under construction in the United States.

Enlight Renewable Energy: An Intriguing Choice But Fairly Priced

Enlight Renewable Energy Ltd (ENLT) Q4 2023 Earnings Call Transcript

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

Enlight Renewable Energy Reports Fourth Quarter 2023 Financial Results

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.

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