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Enlight Renewable Energy Wins Positive A2.il Rating as Midroog Backs Expanded NIS 1 Billion Bond Issue

Story Highlights
  • Midroog reaffirmed Enlight Renewable Energy’s A2.il issuer and bond ratings with a positive outlook on May 12, 2026.
  • The rating supports Enlight’s plan to expand its Series 7 bond issuance to up to NIS 1 billion to fund further renewable energy projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Enlight Renewable Energy Wins Positive A2.il Rating as Midroog Backs Expanded NIS 1 Billion Bond Issue

Meet Samuel – Your Personal Investing Prophet

Enlight Renewable Energy ( (IL:ENLT) ) has issued an announcement.

On May 12, 2026, Midroog Ltd. assigned an A2.il issuer and series rating, with a positive outlook, to unsecured debentures to be issued by Enlight Renewable Energy via an expansion of its Series 7 bond issuance on the Tel Aviv market, increasing the planned size to up to NIS 1 billion par value from the previously rated NIS 550 million. The rating update, disclosed in a Form 6-K to the U.S. Securities and Exchange Commission, confirms A2.il ratings with positive outlooks across Enlight’s outstanding bond series and signals strengthened credit standing that may support the company’s ability to raise larger-scale financing for its renewable energy expansion while maintaining relatively high local creditworthiness.

Midroog’s action maintains Enlight Renewable Energy’s A2.il rating with a positive outlook, covering both issuer and outstanding bond series and underscoring stable credit quality in Israel’s power sector. The expanded Series 7 issuance capacity to up to NIS 1 billion suggests growing financing needs and investor appetite, positioning the company to fund additional infrastructure projects while benefiting from a favorable local credit profile.

The most recent analyst rating on (IL:ENLT) stock is a Sell with a ILs68.00 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. is an Israel-based renewable energy company that develops, finances, builds and operates utility-scale solar, wind and other clean power projects. The company raises capital on the Israeli debt market and is rated by local credit agency Midroog, an affiliate of Moody’s, reflecting its positioning as a significant player among Israeli power producers.

Average Trading Volume: 576,943

Technical Sentiment Signal: Buy

Current Market Cap: ILs36.4B

Learn more about ENLT stock on TipRanks’ Stock Analysis page.

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