Enlight Renewable Energy ( (IL:ENLT) ) has provided an announcement.
On February 25, 2025, Enlight Renewable Energy Ltd. announced the results of tenders for its Series G and Series H notes, aimed at classified investors in Israel. The company intends to raise approximately $234.8 million from these offerings, with plans to use the proceeds for investments in its large-scale renewable energy portfolio and general corporate purposes. The issuance of these notes is subject to regulatory approvals, including the Tel Aviv Stock Exchange’s approval. The notes have received an A2.il rating from Midroog, indicating stable creditworthiness.
More about Enlight Renewable Energy
Enlight Renewable Energy Ltd. operates in the renewable energy industry, focusing on the development and management of large-scale renewable energy projects. The company is engaged in producing clean energy through wind, solar, and other renewable sources, with a market focus on expanding its portfolio across the United States, Europe, and the MENA region.
YTD Price Performance: -2.54%
Average Trading Volume: 22,069
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.02B
For a thorough assessment of ENLT stock, go to TipRanks’ Stock Analysis page.