Harel and Amitim to Acquire 44% of a Partnership Holding a Cluster of Enlight Projects Comprising 69 MW Solar Generation and 448 MWh of Energy Storage Capacity
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Harel and Amitim are set to acquire a 44% stake in a partnership holding a cluster of Enlight's solar and energy storage projects. The deal values the cluster at $114 million, with $102 million as the base and $12 million as deferred consideration.
January 28, 2025 | 2:30 pm
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Enlight Renewable Energy is involved in a transaction where Harel and Amitim will acquire a 44% stake in a partnership holding its solar and energy storage projects. The cluster is valued at $114 million.
The acquisition of a significant stake in Enlight's projects by Harel and Amitim suggests confidence in the value and potential of Enlight's assets. This could positively impact Enlight's stock price as it reflects investor interest and potential future growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80