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Enlight Renewable Energy ( (IL:ENLT) ) has provided an update.
On August 15, 2025, the IRS issued new guidelines regarding the ‘beginning of construction’ requirements for solar projects to qualify for safe harbor treatment and tax benefits. These guidelines, effective September 2, 2025, allow Enlight Renewable Energy to proceed with its business plan, expecting its U.S. operating portfolio to reach 6.5-8.0 FGW by 2028. The company anticipates its global portfolio will achieve 11-13 FGW with an ARR of approximately $2 billion by the end of 2028, significantly increasing from its 2025 revenue projections. A substantial portion of its U.S. portfolio already meets existing regulations, and additional projects may qualify for full tax credits, enhancing its market position.
The most recent analyst rating on (IL:ENLT) stock is a Buy with a ILs23.00 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 the development, construction, and operation of solar and wind energy projects. The company is headquartered in Rosh Ha’ayin, Israel, and aims to expand its global portfolio of renewable energy projects.
YTD Price Performance: 43.40%
Average Trading Volume: 386,627
Technical Sentiment Signal: Buy
Current Market Cap: ILs10.33B
See more insights into ENLT stock on TipRanks’ Stock Analysis page.