Enlight Renewable (ENLT) Energy has signed an agreement to acquire a stake in Project Jupiter in partnership with Prime Capital AG – an independent Alternative Asset Manager in Germany – acting on behalf of its Prime Green Energy Infrastructure Fund II. As the parties advance the project toward construction, Enlight is expected to acquire 51% to 60% of the shares in the project with PGEIF II holding the remaining shares.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENLT:
- Enlight Renewable Energy Sets February 17 Release for Q4 and Full-Year 2025 Results
- Enlight Renewable price target raised to $65 from $47 at UBS
- Enlight Renewable price target raised to $38 from $37 at Deutsche Bank
- Enlight Renewable Energy Wins ‘ilA’ Rating From S&P Maalot With Stable Outlook
- Enlight Renewable downgraded to Underweight from Neutral at JPMorgan
