Harel reports 12.6% Enlight Renewable Energy stake in Schedule 13G/A (ENLT)

Rhea-AI Filing Summary

Harel Insurance Investments & Financial Services Ltd, an Israeli financial group, reports beneficial ownership of 15,172,107 Enlight Renewable Energy Ltd ordinary shares, representing 12.6% of the class, based on 120,007,417 shares outstanding as of August 4, 2025.

Of this amount, 12,319,646 shares are held for public investors through various funds and policies managed by Harel subsidiaries, 659,262 shares are held in third-party client accounts managed by a subsidiary, and 2,193,199 shares are held for Harel’s own account. Harel states this should not be viewed as admitting beneficial ownership of more than 2,193,199 shares.

The filing shows no sole voting or dispositive power, with 14,512,845 shares under shared voting power and 15,172,107 shares under shared dispositive power. Harel certifies the holdings were not acquired to change or influence control of Enlight.

Insights

Equity ownership & disclosure analyst

Harel reports a sizable but passive 12.6% stake in Enlight.

Harel Insurance discloses beneficial ownership of 15,172,107 Enlight shares, or 12.6% of the company, as of an outstanding base of 120,007,417 shares. Most shares are held across funds and client accounts managed by its subsidiaries.

The structure matters: only 2,193,199 shares are held for Harel’s own account, and the firm disclaims beneficial ownership beyond that. Voting and dispositive powers are reported as shared, with no sole authority, which aligns with a diversified institutional holder rather than a control-seeking investor.

Harel also certifies the position was not acquired to change or influence control of Enlight Renewable Energy. Future ownership reports may clarify whether this percentage stays near 12.6% or shifts materially as fund flows and portfolio decisions evolve.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Enlight Renewable Energy Ltd

(Name of Issuer)

Ordinary Shares, NIS 0.1 par value per share

(Title of Class of Securities)

676767908

(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. 676767908

1

Names of Reporting Persons

Harel Insurance Investments & Financial Services 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 14,512,845.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 15,172,107.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,172,107.00

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)

12.6 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: * With regard to the date of event that requires filing, see the explanatory note in Item 4. With regard to Rows (6), (8) and (9), please see Item 4. Row (11) is based on 120,007,417 Ordinary Shares issued and outstanding as of August 4, 2025 (as reported by the Issuer in Exhibit 99.1 to its Annual Report on Form 6-K filed with the Securities and Exchange Commission on August 7, 2025).

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Enlight Renewable Energy Ltd
(b)	Address of issuer's principal executive offices: 13 Amal Street, Afek Industrial Park, Rosh Ha'ayin, Israel, 4809249
Item 2.
(a)	Name of person filing: Harel Insurance Investments & Financial Services Ltd.
(b)	Address or principal business office or, if none, residence: 3 Aba Hillel Street, Ramat Gan 52118, Israel
(c)	Citizenship: Israel
(d)	Title of class of securities: Ordinary Shares, NIS 0.1 par value per share
(e)	CUSIP No.: 676767908
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: Of the 15,172,107 Ordinary Shares reported in this Statement as beneficially owned by the Reporting Person, (i) 12,319,646 Ordinary Shares are held for members of the public through, among others, provident funds and/or mutual funds and/or pension funds and/or insurance policies and/or exchange traded funds, which are managed by subsidiaries of the Reporting Person, each of which subsidiaries operates under independent management and makes independent voting and investment decisions, (ii) 659,262 Ordinary Shares are held by third-party client accounts managed by a subsidiary of the Reporting Person as portfolio managers, which subsidiary operates under independent management and makes independent investment decisions and has no voting power in the securities held in such client accounts, and (iii) 2,193,199 Ordinary Shares are beneficially held for its own account. Consequently, this Statement shall not be construed as an admission by the Reporting Person that it is the beneficial owner of more than 2,193,199 Ordinary Shares covered by this Statement.
(b)	Percent of class: See Row (11) of the cover page of the Reporting Person above.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: See Row (6) of the cover page of the Reporting Person above and note in Item 4 above.
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: See Row (8) of the cover page of the Reporting Person above and note in Item 4 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.

Harel Insurance Investments & Financial Services Ltd

Signature:	/s/ Alon Kaufman
Name/Title:	Alon Kaufman/Vice President
Date:	02/09/2026

FAQ

What percentage of Enlight Renewable Energy (ENLT) shares does Harel own?

Harel Insurance Investments & Financial Services Ltd reports beneficial ownership of 12.6% of Enlight Renewable Energy’s ordinary shares, based on 120,007,417 shares outstanding as of August 4, 2025, according to Enlight’s prior SEC disclosure.

How many Enlight Renewable Energy (ENLT) shares does Harel report holding?

Harel reports beneficial ownership of 15,172,107 ordinary shares of Enlight Renewable Energy. This total includes shares held through public funds, third-party client accounts, and Harel’s own account, all aggregated for Schedule 13G/A reporting purposes.

How are Harel’s Enlight (ENLT) shares distributed between clients and its own account?

Of the 15,172,107 Enlight shares, Harel reports 12,319,646 shares for public investors via funds and policies, 659,262 shares in third-party client accounts, and 2,193,199 shares held for its own account under this Schedule 13G/A.

Does Harel have sole voting or dispositive power over Enlight (ENLT) shares?

Harel reports no sole voting or dispositive power over Enlight shares. Instead, it discloses 14,512,845 shares with shared voting power and 15,172,107 shares with shared dispositive power, reflecting its role across managed accounts and funds.

Is Harel seeking control of Enlight Renewable Energy (ENLT) with this stake?

Harel certifies that the Enlight shares were not acquired and are not held to change or influence control of the company. The position is reported on Schedule 13G/A, which is typically used for passive institutional ownership.

Why does Harel disclaim beneficial ownership of some Enlight (ENLT) shares?

Harel states the filing should not be construed as an admission that it is the beneficial owner of more than 2,193,199 Enlight shares. Many reported shares are held for public investors or clients through independently managed subsidiaries.