Enlight Renewable Energy Ltd received an updated ownership report from Israeli institutional group Menora Mivtachim on a Schedule 13G/A as of December 31, 2025. Menora Mivtachim Holdings Ltd. is reported as beneficially owning 8,155,587 ordinary shares, representing 6.18% of the class, with shared voting and dispositive power.
Affiliated entity Menora Mivtachim Pensions & Gemel Ltd. is reported as beneficially owning 7,184,795 ordinary shares, equal to 5.44% of the class, also with shared voting and dispositive power. The filing explains that shares are held through various Menora subsidiaries for the benefit of insurance policyholders, portfolio account owners and fund members, and Menora entities disclaim beneficial ownership beyond their pecuniary interest. The reporting persons certify the holdings are not for the purpose of changing or influencing control of Enlight.
What stake does Menora Mivtachim Holdings report in Enlight Renewable Energy (ENLT)?
Menora Mivtachim Holdings Ltd. reports beneficial ownership of 8,155,587 Enlight ordinary shares, representing 6.18% of the outstanding class. This stake is held with shared voting and dispositive power through various wholly- or majority-owned subsidiaries within the Menora Mivtachim group.
How many Enlight (ENLT) shares does Menora Mivtachim Pensions & Gemel own?
Menora Mivtachim Pensions & Gemel Ltd. reports beneficial ownership of 7,184,795 Enlight ordinary shares, equal to 5.44% of the company’s outstanding ordinary shares. The filing states these shares are held with shared voting and dispositive power on behalf of underlying pension and provident fund clients.
What is the total share count basis used in this Enlight (ENLT) Schedule 13G/A?
The reported ownership percentages are based on 132,067,305 Enlight ordinary shares outstanding as of December 31, 2025. This outstanding share figure is cited in the filing as having been sourced from Bloomberg LP and underpins the 6.18% and 5.44% ownership calculations.
Do Menora Mivtachim entities claim full beneficial ownership of their Enlight (ENLT) holdings?
The filing states that Menora Mivtachim Holdings Ltd. and its subsidiaries disclaim beneficial ownership of the reported Enlight securities except to the extent of their pecuniary interest. Economic interests are largely held for insurance policyholders, portfolio clients, and members of provident and pension funds.
Are Menora Mivtachim’s Enlight (ENLT) holdings intended to influence control of the company?
No. The certification section states the securities were not acquired and are not held for the purpose of changing or influencing control of Enlight. It further notes they are not held in connection with any transaction having that purpose, aside from activities tied to specific nomination rules.
Which Menora Mivtachim subsidiaries hold Enlight (ENLT) shares and in what amounts?
As of December 31, 2025, the filing cites 7,184,795 shares held by Menora Mivtachim Pensions & Gemel, 911,784 shares by Menora Mivtachim Insurance, 50,868 shares by Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel, and 8,139 shares by Shomera Insurance Company.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Enlight Renewable Energy Ltd
(Name of Issuer)
Ordinary Shares, nominal value NIS 0.1 per share
(Title of Class of Securities)
M4056D110
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
M4056D110
1
Names of Reporting Persons
Menora Mivtachim Holdings Ltd
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,155,587.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,155,587.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,155,587.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.18 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a).
Row (11) is Based on 132,067,305 Ordinary Shares outstanding as of December 31, 2025 (as reported on Bloomberg LP).
SCHEDULE 13G
CUSIP No.
M4056D110
1
Names of Reporting Persons
Menora Mivtachim Pensions & Gemel Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ISRAEL
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
7,184,795.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
7,184,795.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
7,184,795.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.44 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: With regard to rows (6), (8), (9) and (11), the beneficial ownership of the securities reported herein is described in Item 4(a).
Row (11) is Based on 132,067,305 Ordinary Shares outstanding as of December 31, 2025 (as reported on Bloomberg LP).
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Enlight Renewable Energy Ltd
(b)
Address of issuer's principal executive offices:
13 Amal St., Afek Industrial Park, Rosh Ha'ayin, Israel, 4809249
Item 2.
(a)
Name of person filing:
Menora Mivtachim Holdings Ltd.
Menora Mivtachim Pensions and Gemel Ltd.
(b)
Address or principal business office or, if none, residence:
Menora Mivtachim Holdings Ltd. - Menora House, 23 Jabotinsky St., Ramat Gan 5251102, Israel
Menora Mivtachim Pensions and Gemel Ltd. - 23 Jabotinsky St., Ramat Gan 5251102, Israel
(c)
Citizenship:
Menora Mivtachim Holdings Ltd. - Israel
Menora Mivtachim Pensions and Gemel Ltd. - Israel
(d)
Title of class of securities:
Ordinary Shares, nominal value NIS 0.1 per share
(e)
CUSIP No.:
M4056D110
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
See row 9 of cover page of each reporting person.
As of December 31, 2025, the securities reported herein were held as follows:
7,184,795 ordinary shares (representing 5.44% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Pensions and Gemel Ltd.;
911,784 ordinary shares (representing 0.69% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Insurance Ltd.;
50,868 ordinary shares (representing 0.04% of the total ordinary shares outstanding) beneficially owned by Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel Ltd.; and
8,139 ordinary shares (representing 0.01% of the total ordinary shares outstanding) beneficially owned by Shomera Insurance Company Ltd.
The securities reported herein are beneficially owned by Menora Mivtachim Holdings Ltd. ("Menora Holdings") and by entities that are direct or indirect, wholly-owned or majority-owned, subsidiaries of Menora Holdings (the "Subsidiaries"), such as Menora Mivtachim Insurance Ltd., Shomera Insurance Company Ltd., Menora Mivtachim Pensions and Gemel Ltd., Menora Mivtachim Vehistadrut Hamehandesim Nihul Kupot Gemel Ltd., and Menora Mivtachim Investment Portfolio Management Ltd. The economic interest or beneficial ownership in a portion of the securities covered by this report (including the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities) is held for the benefit of insurance policy holders, the owners of portfolio accounts, or the members of the provident funds or pension funds, as the case may be. This statement on Schedule 13G shall not be construed as an admission by Menora Holdings or by any of the Subsidiaries that it is the beneficial owner of any of such securities covered by this statement on Schedule 13G, and each of Menora Holdings and the Subsidiaries disclaims beneficial ownership of any such securities except to the extent of its pecuniary interest therein.
(b)
Percent of class:
See row 11 of cover page of each reporting person
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See row 5 of cover page of each reporting person
(ii) Shared power to vote or to direct the vote:
See row 6 of cover page of each reporting person and note in Item 4(a) above
(iii) Sole power to dispose or to direct the disposition of:
See row 7 of cover page of each reporting person
(iv) Shared power to dispose or to direct the disposition of:
See row 8 of cover page of each reporting person and note in Item 4(a) above
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Menora Mivtachim Holdings Ltd
Signature:
/s/ Omri Gal
Name/Title:
VP Finance and Accounting
Date:
02/01/2026
Signature:
/s/ Lior Yochpaz
Name/Title:
Authorized Signatory
Date:
02/10/2026
Menora Mivtachim Pensions & Gemel Ltd.
Signature:
/s/ Omri Gal
Name/Title:
VP Finance and Accounting
Date:
02/01/2026
Signature:
/s/ Lior Yochpaz
Name/Title:
Authorized Signatory
Date:
02/10/2026
Exhibit Information
Joint Filing Agreement by and among the Reporting Persons, dated as of March 15, 2023 (incorporated herein by reference to Exhibit 1 to the Schedule 13G filed on March 15, 2023).
