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An update from Kenon ( (KEN) ) is now available.
On August 11, 2025, Kenon Holdings Ltd.’s subsidiary, OPC Energy, announced that the Israeli Government has approved the construction of a new natural gas-fired power plant, Hadera 2, near its existing facility in Hadera. This decision comes after a previous rejection in April 2024, which led OPC to file a petition with the Israeli High Court of Justice. The project is expected to have a capacity of approximately 850 MW and an estimated construction cost of NIS 4.5 billion to NIS 5 billion (around $1.3 billion to $1.5 billion). This development marks a significant step for OPC Energy in expanding its power generation capabilities, potentially strengthening its position in the energy market.
Spark’s Take on KEN Stock
According to Spark, TipRanks’ AI Analyst, KEN is a Outperform.
Kenon’s overall score reflects strong valuation appeal and positive technical indicators, despite financial performance concerns. The low P/E ratio and high dividend yield are significant positive factors, while the overbought technical indicators suggest caution. The company’s financial health is marked by revenue growth but hampered by inconsistent profitability and cash flow.
To see Spark’s full report on KEN stock, click here.
More about Kenon
Kenon Holdings Ltd. operates in the energy sector, focusing on power generation through its subsidiary OPC Energy Ltd. The company is involved in the development and management of power plants, with a market focus on natural gas-fired power generation.
Average Trading Volume: 20,984
Technical Sentiment Signal: Buy
Current Market Cap: $2.24B
See more insights into KEN stock on TipRanks’ Stock Analysis page.