Enlight Renewabl Stock Price, News & Analysis

Enlight Renewable Energy (NASDAQ: ENLT) has secured approximately $340 million in tax equity partnerships for its Roadrunner Solar and Energy Storage Project near Tucson, Arizona. The project consists of a 290 MW solar component and 940 MWh storage facility, with a total investment of $621 million.

The company closed two separate agreements: one with J.P. Morgan for the solar component, and another with M&T Bank and First Citizens Bank for the storage component. The tax equity commitments are expected to increase to nearly $390 million including pay-go contributions.

The project has begun test energy production and is expected to achieve full commercial operation by end-2025. Backed by a 20-year PPA with Arizona Electric Power Cooperative, Roadrunner is projected to generate annual revenues exceeding $50 million and EBITDA of approximately $40 million in its first full operating year.

Enlight Renewable Energy (NASDAQ: ENLT) reported strong Q2 2025 results with revenues of $135 million, up 53% year-over-year. The company raised its 2025 guidance, with revenue now expected between $520-535 million and Adjusted EBITDA between $385-400 million.

Key highlights include portfolio expansion to 35.3 FGW (20.0 GW generation and 53.4 GWh storage), leadership changes with Adi Leviatan becoming CEO on October 1, and significant project advancement across MENA, Europe, and US markets. The company secured $310 million in financing for the Gecama hybridization project and maintains $525 million in credit facilities.

The company expects to commence construction on 4.8 FGW of capacity during 2025, projected to add $827-869 million in revenue run rate through 2025-2028.

Enlight Renewable Energy (NASDAQ: ENLT) announced significant leadership changes effective October 1, 2025. Gilad Yavetz, Co-Founder and current CEO, will transition to Executive Chairman, while Adi Leviatan will be appointed as the new CEO. Leviatan brings over 20 years of executive experience, most recently leading a $1.5 billion revenue division at 3M with 700 employees across five continents.

Current Chairman Yair Seroussi will become Vice Chairman, continuing to support executive management after overseeing the company's growth from a $200 million to $3 billion market cap during his seven-year tenure. This leadership transition comes as Enlight strengthens its organizational infrastructure for global expansion in the renewable energy sector.

Enlight Renewable Energy (NASDAQ: ENLT) has scheduled its second quarter 2025 financial results announcement for Wednesday, August 6, 2025, before market open. The company will host two earnings conference calls: an English call at 8:00 AM ET and a Hebrew webcast at 6:00 AM ET.

The company will make earnings materials available on their website prior to the calls, and an archived version of the English webcast will be accessible on Enlight's investor relations website.

Enlight Renewable Energy (NASDAQ: ENLT) announced a planned leadership transition at its U.S. subsidiary Clenera. Jared McKee, currently Chief Commercial Officer, will become CEO effective October 1st, 2025, while current CEO and Co-founder Adam Pishl will transition to Vice Chair of the Board.

McKee brings nearly a decade of experience at Clenera, where he has played a crucial role in the company's development initiatives. Under Pishl's leadership, Clenera evolved from a founder-led developer into an integrated development platform and independent power producer. In his new role, Pishl will continue to support the company's strategic direction while expanding his philanthropic activities.

Enlight Renewable Energy (NASDAQ: ENLT) has secured $310 million in financing to expand its Gecama Wind Project into Spain's largest hybrid renewable energy complex. The project will combine 329 MW wind capacity with solar and utility-scale battery storage, reaching a total capacity of 554 MW and 220 MWh. The hybrid facility is expected to generate annual revenues of $95-105 million and EBITDA of $75-80 million. The financing includes two tranches with a fixed 5.1% interest rate, amortizing by 2045-2046. The expansion, costing $195-205 million, will add solar and storage components, increasing annual revenues by $38-40 million and EBITDA by $31-33 million in the first full year. The project addresses Spain's recent blackout issues and will provide grid stability through peak shifting and frequency response capabilities. Commercial operation for the new components is expected in H2 2026.

Enlight Renewable Energy (NASDAQ: ENLT) has announced a conference call scheduled for May 29, 2025, at 8:00 a.m. ET to discuss "Enlight and the IRA Transition." During the call, management will present their analysis of the company's growth potential in light of the current U.S. renewable energy tax credits policy review. The presentation will be followed by a Q&A session.

Participants can join via conference call using the toll-free number 1-877-269-7751 for US/Canada or +1-201-389-0908 for international calls. Alternatively, they can access the webcast through the company's website. The investor presentation and webcast recording will be available on Enlight's website at enlightenergy.co.il/data/investors-conference/.

Enlight Renewable Energy (NASDAQ: ENLT) reported strong financial results for Q1 2025, with revenues reaching $130 million, up 39% year-over-year. The company achieved a significant 316% increase in net income to $102 million and an 84% growth in Adjusted EBITDA to $132 million.

Key highlights include the sale of 44% of the Sunlight cluster for $52 million, generating $42 million in Adjusted EBITDA and $97 million in pre-tax profit. The company secured $1.8 billion in financing through various means and maintains a portfolio of 19.2 GW generation capacity and 49.8 GWh storage. For 2025, Enlight expects total revenues between $490-510 million and Adjusted EBITDA of $360-380 million.

The company's procurement strategy has effectively mitigated exposure to U.S. import tariffs, with 80% of battery capacity supplied by Tesla and solar panels either domestically constructed or sourced outside China.

Enlight Renewable Energy (NASDAQ: ENLT) has signed a significant power supply agreement with Vishay Israel , valued at approximately $105 million over 12 years. The contract includes an option to increase consumption volumes throughout its duration.

This agreement adds Vishay to Enlight's growing portfolio of major Israeli clients, including the Weizmann Institute of Science, NTA Metropolitan Mass Transit, Amdocs, Big Shopping Centers, SodaStream, and Applied Materials. The deal will help Vishay, a leading manufacturer of semiconductors and electronic components, reduce its electricity costs in Israel while significantly decreasing emissions - equivalent to planting 740,000 new trees or removing 17,000 fuel-powered vehicles annually.

The partnership leverages Israel's deregulated electricity market, allowing large consumers to directly contract with power producers. Enlight, which maintains the largest renewable energy portfolio in Israel, continues to lead the country's transition to clean energy.