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Enlight aiming to raise over $200 million in Wall Street IPO

The company, which specializes in projects involving the generation of electricity from renewable energy, is currently traded on the Tel Aviv Stock Exchange with a market cap of NIS 7.6 billion (approximately $2.23 billion) and plans to be a dual-listed company ....

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Enlight signs agreement to acquire a portfolio of solar energy projects currently under development in Spain


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The potential capacity of the projects is approximately 490 MWdc; the consideration will be paid according to milestones based on the progress in development of the projects and is estimated at a total of up to EUR 49 million
Zafrir Yoeli, SVP Business Development: This is another expansion of our portfolio of projects in Spain, which already includes the largest wind farm in Spain which is in advanced stages of construction (Gecama), as well as another 800MWdc in development. The new portfolio, which already secured grid connection rights to the national electricity grid, will add significant solar power in high-radiation areas and will diversify our production sources in the Iberian region ....

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