Enlight Renewable Energy (ENLT) earns ilA rating on NIS 1B Series G bonds

Rhea-AI Filing Summary

Enlight Renewable Energy Ltd. received an ‘ilA’ rating from S&P Global Ratings Maalot on unsecured Series G notes for an issuance of up to NIS 1 billion present value. This rating applies to bonds issued through the expansion of Series G.

The proceeds are expected to be used mainly for the company’s ongoing activity and for refinancing existing debt. S&P Maalot affirms the company’s long-term issuer rating at ilA/Stable, with senior unsecured Series C, D, F, G and H also rated ilA and a senior secured loan for PV and storage projects rated ilA+.

Key Figures

Series G issuance size: up to NIS 1 billion P.V. Series G bond rating: ilA Issuer long-term rating: ilA/Stable +3 more

6 metrics

Series G issuance size up to NIS 1 billion P.V. Maximum rated amount for unsecured Series G bonds

Series G bond rating ilA Rating on unsecured Series G notes

Issuer long-term rating ilA/Stable Enlight Renewable Energy issuer credit rating

Secured loan rating ilA+ Loan for PV and storage projects under market arrangement

Rating first publication date 07/01/2026 Initial publication of ilA/Stable issuer rating

Event time 12/05/2026 08:18 Time of rating-related event

Key Terms

issuer rating, senior unsecured debt, Series G, refinancing existing debt, +1 more

5 terms

issuer rating financial

"Issuer rating(s) Long term ilA/Stable 07/01/2026"

An issuer rating is a standardized assessment of how likely an organization is to meet its financial obligations, similar to a credit score for a borrower. Investors use it to judge risk: higher ratings suggest lower chance of default and typically mean cheaper borrowing costs and lower yields, while lower ratings signal higher risk, potential price volatility for bonds, and a need for closer scrutiny when deciding whether to invest.

senior unsecured debt financial

"Senior unsecured debt Series C ilA Series D ilA Series F ilA"

A senior unsecured debt is a loan or bond that a company must repay before other unsecured obligations but is not backed by specific assets as collateral. Think of it as being earlier in line for repayment, like a preferred ticket in a queue, but without a guarantee you’ll get property if the company fails; that priority reduces risk compared with junior debt and affects expected interest rates and recovery prospects for investors.

Series G financial

"rating on bonds to be issued ... through the expansion of Series G"

Series G is a later-stage class of financing or preferred shares issued by a company, typically after several earlier funding rounds. For investors it signals continued capital raising at a more developed stage and can change who owns what and who gets paid first in a sale or bankruptcy—think of it as adding a new slice to the ownership pie with its own rules about payment order and conversion into common stock.

refinancing existing debt financial

"The proceeds from the issuance will be used mainly for the company's ongoing activity and for refinancing existing debt."

issuer credit rating history financial

"Issuer Credit Rating history Long term January 7, 2026 ilA/Stable"

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-41613

Enlight Renewable Energy Ltd.

(Translation of registrant’s name into English)

13 Amal St., Afek Industrial Park

Rosh Ha’ayin, Israel

+ 972 (3) 900-8700

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Explanatory Note

On May 12, 2026, S&P Global Ratings Maalot Ltd., submitted a ratings report to the Israel Securities Authority and the Tel Aviv Stock Exchange regarding the unsecured series G notes to be issued by Enlight Renewable Energy Ltd. (the “Company”)

An unofficial English translation of such ratings report from the original binding Hebrew version is furnished as Exhibit 99.1 to this Report on Form 6-K.

Incorporation by Reference

The information in this Form 6-K (including in Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

EXHIBIT INDEX

The following exhibits are furnished as part of this Form 6-K:

Exhibit No. Description

99.1 Unofficial English Translation of Ratings Report

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Enlight Renewable Energy Ltd.
Date: May 12, 2026	By:	/s/ Lisa Haimovitz
		Lisa Haimovitz
		Chief Financial Officer

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Exhibit 99.1

Enlight Renewable Energy Ltd.

May 121, 2026

Issuance Rating

‘ilA’ Rating Assigned To Bond Issuance Of Up To NIS 1 Bil. P.V.

Primary Credit Analyst:

Evgeni Silishtian, 972-3-7539733 evgeni.silishtian@spglobal.com

Additional Contact:

Ayelet Matzov 972-3-7539712 ayelet.matzov@spglobal.com

Please note that this translation was made for convenience purposes and for the company's use only and under no circumstances shall obligate S&P Global Ratings Maalot Ltd. The translation has no legal status and S&P Global Ratings Maalot Ltd. does not assume any responsibility whatsoever as to its accuracy and is not bound by its contents. In the case of any discrepancy with the official Hebrew version published on May 12, 2026, the Hebrew version shall apply.

Following our announcement of May 11, 2026, S&P Maalot hereby announces that its ‘ilA’ rating on bonds to be issued by Enlight Renewable Energy Ltd. (ilA/Stable) through the expansion of Series G is valid for up to NIS 1 billion P.V. The proceeds from the issuance will be used mainly for the company's ongoing activity and for refinancing existing debt.

For additional details about the company’s rating and for additional regulatory requirements, see our rating report dated January 7, 2026.

Enlight Renewable Energy Ltd.	Rating	Date when the rating was first published	Date when the rating was last updated
Issuer rating(s)
Long term	ilA/Stable	07/01/2026	07/01/2026
Issue rating(s)
Senior Secured Debt
Loan to finance a cluster of PV and storage projects under market arrangement	ilA+	07/01/2026	07/01/2026
Senior unsecured debt
Series C	ilA	07/01/2026	07/01/2026
Series D	ilA	07/01/2026	07/01/2026
Series F	ilA	07/01/2026	07/01/2026
Series G	ilA	07/01/2026	07/01/2026
Series H	ilA	07/01/2026	07/01/2026
Issuer Credit Rating history
Long term
January 7, 2026	ilA/Stable

Additional details
Time of the event	12/05/2026 08:18
Time when the event was learned of	12/05/2026 08:18
Rating requested by	Issuer

Enlight Renewable Energy Ltd.

S&P Maalot is the commercial name of S&P Global Ratings Maalot Ltd. For a list of the most up-to-date ratings and for additional information regarding S&P Maalot’s surveillance policy, see S&P Global Ratings Maalot Ltd. website at maalot.co.il.

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FAQ

What rating did S&P Maalot give Enlight Renewable Energy (ENLT) in May 2026?

S&P Global Ratings Maalot assigned an ‘ilA’ rating to Enlight Renewable Energy’s unsecured Series G bond issuance. The company’s long-term issuer rating remains ilA/Stable, reflecting Maalot’s current credit opinion on Enlight’s overall risk profile and financial strength.

How large is Enlight Renewable Energy’s new Series G bond issuance?

The Series G bond issuance is rated for up to NIS 1 billion present value. This capacity applies to unsecured notes issued through the expansion of Series G, providing Enlight with additional funding flexibility within the existing local rating framework.

How will Enlight Renewable Energy (ENLT) use the Series G bond proceeds?

The proceeds from the rated Series G issuance will be used mainly for Enlight Renewable Energy’s ongoing activity and for refinancing existing debt. This mix supports day-to-day operations while reshaping the company’s liability profile by replacing older obligations.

What is Enlight Renewable Energy’s current issuer rating from S&P Maalot?

Enlight Renewable Energy holds a long-term issuer rating of ilA/Stable from S&P Global Ratings Maalot. The same ilA rating applies to several senior unsecured bond series, indicating a consistent internal view across the company’s main local-currency debt instruments.

Which Enlight Renewable Energy debts have higher ratings from S&P Maalot?

A senior secured loan used to finance a cluster of PV and storage projects under a market arrangement is rated ilA+ by S&P Maalot. This is one notch above Enlight’s ilA issuer rating, reflecting the added security and specific project backing for that facility.

When did S&P Maalot first publish Enlight Renewable Energy’s current rating?

S&P Maalot’s ilA/Stable issuer rating for Enlight Renewable Energy was first published on January 7, 2026. The table in the report also lists that same date as the most recent update, indicating no subsequent changes by the time of the May 2026 bond announcement.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 18.5 KB