Enlight Renewabl Stock Price, News & Analysis

Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) announced its participation in the Credit Suisse Renewables and Utilities Conference in New York City on May 17, 2023. Management will engage in one-on-one and small group meetings with institutional investors during the event. Interested parties can contact a Credit Suisse representative for further details or to arrange meetings.

Founded in 2008, Enlight is dedicated to developing, financing, constructing, owning, and operating utility-scale renewable energy projects across solar, wind, and energy storage sectors. Operating globally, Enlight has a presence in the U.S., Israel, and nine European countries, and it was listed on the Tel Aviv Stock Exchange in 2010 and completed its U.S. IPO in 2023.

Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) announced details for its First Quarter 2023 financial results conference call, scheduled for May 11, 2023, at 8:00 a.m. ET. The call will include management’s remarks and a question-and-answer session. Participants can join via a pre-registered conference call or a webcast. The financial results and an investor presentation will be available on the company's website prior to the call. Enlight specializes in developing and managing utility-scale renewable energy projects and operates in the US, Israel, and nine European countries. After completing its US IPO in 2023, the company aims to strengthen its position in the renewable energy market.

Enlight Renewable Energy Ltd. (NASDAQ: ENLT) reported record financial results for the year ended December 31, 2022, with revenue soaring 88% to $192 million and Adjusted EBITDA climbing 96% to $130 million. The company brought over 800 MW online and expanded its Mature Project portfolio by 0.9 GW, totaling 4.5 GW of generation and 2.7 GWh of energy storage. For 2023, guidance indicates revenue between $290 million and $300 million, reflecting a 54% increase over 2022, alongside Adjusted EBITDA expectations of $188 million to $198 million. The company is poised for significant growth, targeting 1.5 GW annual project additions from 2026, backed by supportive regulatory frameworks.

Enlight Renewable Energy (NASDAQ: ENLT) will hold its Fourth Quarter 2022 Conference Call on March 15, 2023, at 8:00 a.m. ET. The call aims to review the company's financial results and business outlook. Management will present prepared remarks followed by a Q&A session.

Participants can join via a conference call or webcast. Pre-registration for the conference call is required, and a link is provided in the announcement. An archived version of the webcast will be available approximately one hour after the call on Enlight's investor relations website. Enlight operates in utility-scale renewable energy projects globally, with in-depth involvement in solar, wind, and energy storage.

Enlight Renewable Energy announced the partial exercise of the underwriters' option for an additional public offering, selling 2,042,935 shares at $18.00 each, totaling approximately $36.8 million. The offering closed on February 21, 2023, after its initial public offering on February 14, 2023. Enlight's shares commenced trading on Nasdaq under the ticker symbol “ENLT” on February 10, 2023, and are also listed on the Tel Aviv Stock Exchange. Major financial institutions including J.P. Morgan and BofA Securities led the offering. The company focuses on developing and operating utility-scale solar, wind, and energy storage projects across multiple countries.