Enlight Renewable Energy Completes COD Of Its Solar And Storage Cluster In Israel; Expects Cluster To Generate Revenue Of $34M-36M And EBITDA Of $24M-26M In First Full Operating Year
Portfolio Pulse from Benzinga Newsdesk
Enlight Renewable Energy has completed the commercial operation date (COD) of its solar and storage cluster in Israel. The company expects the cluster to generate $34M-36M in revenue and $24M-26M in EBITDA in its first full operating year.
October 14, 2024 | 10:15 am
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Enlight Renewable Energy has successfully completed the COD of its solar and storage cluster in Israel, with expected revenues of $34M-36M and EBITDA of $24M-26M in the first year.
The completion of the solar and storage cluster marks a significant milestone for Enlight Renewable Energy, indicating operational progress and potential financial growth. The projected revenue and EBITDA figures suggest a positive impact on the company's financial performance, likely boosting investor confidence and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100