Streetbeat News

ENLT

Enlight Renewable Energy Ltd

https://www.enlightenergy.co.il

Industry

Renewable Utilities

Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh HaAyin, Israel.

Open

16.19

Mkt cap

1.9B

Volume

2.1K

High

16.20

P/E Ratio

37.09

52-wk high

20.00

Low

15.95

Div yield

N/A

52-wk low

14.09

Enlight has announced the start of commercial operations at the Pupin Wind Farm in Serbia. The farm has a capacity of 94 MW, cost $155-160 million to build, and is projected to generate $22-23 million in revenue and $16-17 million in EBITDA in its first year.

Portfolio Pulse from

December 10, 2024 | 12:00 pm

Enlight Renewable Energy, an Israeli IPP, is focusing on US projects due to favorable tax credits, making it a 'buy'. Planned investments will boost capacity and revenue, with US projects driving growth. Despite potential legislative risks and high debt levels, ENLT's revenue is secured through PPA contracts, and a DCF analysis indicates a 45% undervaluation.

Portfolio Pulse from

December 05, 2024 | 4:45 am

Enlight Renewable Energy Ltd (NASDAQ:ENLT) held its Q3 2024 earnings call on November 13, 2024. Key participants included Yonah Weisz, Gilad Yavetz, Adam Pishl, and Nir Yehuda. Analysts from ROTH Capital Partners, Mizuho, and Wolfe participated in the call.

Portfolio Pulse from

November 13, 2024 | 7:15 pm

Enlight Renewable Energy Ltd. (NASDAQ: ENLT) has released its financial results for the third quarter of 2024, ending September 30. The report provides insights into the company's financial performance during this period.

Portfolio Pulse from

November 13, 2024 | 11:15 am

Enlight Renewable Energy (NASDAQ: ENLT) will host an Investor Event at the Tel Aviv Stock Exchange on November 19, 2024.

Portfolio Pulse from

November 12, 2024 | 7:15 pm

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.