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Enlight Renewable Energy Secures $350 Million for US Projects

Story Highlights
  • Enlight Renewable Energy secured a $350 million loan for its US solar and storage projects.
  • The Atrisco BESS project gained a $53 million tax-equity adder, boosting profits by $41 million.
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Enlight Renewable Energy Secures $350 Million for US Projects

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Enlight Renewable Energy ( (IL:ENLT) ) just unveiled an update.

On August 18, 2025, Enlight Renewable Energy Ltd.’s indirect US subsidiary entered into a Mezzanine Facilities Agreement with Bank Leumi Le-Israel B.M. to secure $350 million in loan commitments for its solar and storage projects, including Atrisco and Apex, which are operational, and Quail Ranch, Roadrunner, and Snowflake A, which are under construction. Additionally, the Atrisco BESS project secured a $53 million tax-equity domestic content adder, generating a net profit of $41 million for the company, enhancing its financial standing and project equity IRR.

The most recent analyst rating on (IL:ENLT) stock is a Buy with a ILs10551.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.

More about Enlight Renewable Energy

Enlight Renewable Energy Ltd. operates in the renewable energy industry, focusing on solar and storage projects. The company is involved in the development and management of renewable energy projects, with a market focus on expanding its portfolio of operational projects.

Average Trading Volume: 389,432

Technical Sentiment Signal: Buy

Current Market Cap: ILs10.33B

See more data about ENLT stock on TipRanks’ Stock Analysis page.

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