Kenon (KEN) has released an update.
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Kenon Holdings Ltd. through its subsidiary OPC Energy Ltd., has initiated the construction of the Rogue’s Wind wind power plant in Pennsylvania, with an estimated capacity of 114 MW and a projected cost of around $365 million. The project, expected to be operational by the first half of 2026, has secured a financing agreement worth $274 million. Once in operation, the wind farm is expected to generate an annual EBITDA of about $18 million during its initial years.
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