Enlight Renewable Energy Ltd

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

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.

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

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Enlight Renewable Energy Ltd. (ENLT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Enlight Renewable Energy Ltd. (ENLT) Beat Estimates Again in Its Next Earnings Report?

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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.

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

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.

Enlight Secures PPA for the Pupin Wind Farm in Serbia

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.

Enlight to Supply Renewable Energy to Applied Materials Israel

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.

Enlight Renewable Energy Releases ESG Report

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.

Enlight Begins Commercial Operation of Its Second Combined Solar and Storage Project in Israel

TEL AVIV, Israel, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA) and Electra Power (TASE: ELCP.TA) are pleased to announce the execution of a memorandum of understanding (“MOU”), outlining the formation of a joint venture to market and supply clean energy to residential consumers and small businesses in Israel.

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

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.

Arizona Public Service to Secure Power from CO Bar Solar, One of the Largest Solar Projects in the U.S.

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 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

Enlight Announces Commercial Operation of Major Projects in Israel and Hungary, Including Enlight's First Combined Solar and Storage Project

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.

Enlight to Participate in the Barclays CEO Energy Power Conference

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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. 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.

Enlight Subsidiary Clēnera Begins Commercial Operations at Apex Solar

Enlight Renewable Energy Ltd (NASDAQ:ENLT ) Q2 2023 Earnings Conference Call August 9, 2023 8:00 AM ET Conference Call Participants Yosef Lefkovitz - Vice President of Corporate Finance and M&A Gilad Yavetz - CEO and Co-Founder Jason Ellsworth - CEO and Co-Founder of Clenera Nir Yehuda - CFO Conference Call Participants David Paz - Wolfe Research Yosef Lefkovitz Good morning, everyone, and thank you for joining our second quarter 2023 earnings conference call for Enlight Renewable Energy. With me this morning are Gilad Yavetz, CEO and Co-Founder of Enlight; Nir Yehuda, CFO of Enlight; and Jason Ellsworth, CEO and Co-Founder of Clenera.

Enlight Renewable Energy Ltd (ENLT) Q2 2023 Earnings Call Transcript

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, Israel, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the second quarter ended June 30, 2023.

Enlight Renewable Energy Reports Second Quarter 2023 Financial Results

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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.

SodaStream and Enlight Sign Agreement For the Supply of Renewable Energy

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.

SRP to Receive More Solar Energy from CO Bar Solar, One of the Largest Solar Projects in the U.S.

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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.

Enlight to Report Second Quarter 2023 Financial Results on August 9, 2023

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.

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

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.

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