Kenon (KEN) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Kenon’s subsidiary OPC Energy Ltd. has reported a substantial increase in capacity prices for CPV’s power plants in the PJM market, which is expected to boost CPV’s revenues by approximately $50 million in the 2025/2026 period. The price hike is due to a higher demand forecast, increased reserve margin requirements, and a reduction in overall supply. This financial uplift comes amid a broader focus on Energy Transition and Renewable Energies.
For further insights into KEN stock, check out TipRanks’ Stock Analysis page.
