Kenon’s OPC Energy Announces Results of Equity Capital Raise

Kenon ( (KEN) ) has issued an announcement.

On June 11, 2025, Kenon Holdings Ltd.’s subsidiary, OPC Energy Ltd., announced the results of its qualified investor tender as part of its equity capital raise. The tender attracted orders for 306,527 units, totaling approximately NIS 1.25 billion ($360 million), with OPC planning to accept 213,032 units for about NIS 850 million ($245 million). Kenon itself intends to purchase 79,548 units for around NIS 317 million ($91 million). The offering is contingent upon the Tel Aviv Stock Exchange’s approval and the final unit price will be determined in a subsequent public offering.

Spark’s Take on KEN Stock

According to Spark, TipRanks’ AI Analyst, KEN is a Outperform.

Kenon’s overall stock score is driven by its strong technical indicators and attractive valuation, despite challenges in financial stability and cash flow consistency. The bullish market momentum and undervaluation offer potential growth and income opportunities, while investors should be cautious of potential pullbacks due to overbought conditions.

To see Spark’s full report on KEN stock, click here.

More about Kenon

Kenon Holdings Ltd. is a company operating in the energy sector, primarily through its subsidiary OPC Energy Ltd. The company focuses on energy production and distribution, with a market presence in Singapore and listings on the NYSE and TASE.

Average Trading Volume: 25,304

Technical Sentiment Signal: Buy

Current Market Cap: $1.87B

For detailed information about KEN stock, go to TipRanks’ Stock Analysis page.