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Enlight Renewable Energy Priced, Nasdaq: ENLT

Operates wind and solar energy projects in Israel, Europe, and the US.

Industry: Utilities

Latest Trade: $17.11 +0.55 (+3.3%)

First Day Return: -1.4%

Return from IPO: -8.0%

Industry: Utilities

We are a global renewable energy platform, founded in 2008 and publicly traded on the Tel Aviv Stock Exchange since 2010. We develop, finance, construct, own and operate utility-scale renewable energy projects. We primarily generate revenue from the sale of electricity produced by our renewable energy facilities, pursuant to long-term PPAs. Since our founding in 2008, we have transformed into a global renewable energy platform, operating across 11 different countries on three continents and across multiple technologies. From a technological perspective, we develop wind energy and solar energy projects, as well as energy storage projects, both collocated with solar energy projects and on a standalone basis. From a geographical perspective, we operate at scale in nine different countries throughout Europe, in 17 U.S. states and in Israel. Our global platform includes what we believe are some of the largest onshore wind and solar projects across the United States, Western Europe, CEE and Israel, which are either operational, under construction, pre-construction or with signed PPAs, highlighting our ability to identify and deliver projects of scale across our global platform. In August 2021, we established our operations in the United States through the acquisition of Clenera, a U.S.-based greenfield developer of utility-scale solar energy and energy storage projects, with a focus on the Western United States.
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IPO Data
IPO File Date 01/20/2023
Offer Price $18.00
Price Range $18.00 - $18.00
Offer Shares (mm) 14.0
Deal Size ($mm) $252
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/09/2023
Offer Price $18.00
Price Range $18.00 - $18.00
Offer Shares (mm) 14.0
Deal Size ($mm) $252
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
BofA Securities
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Company Data
Headquarters Rosh Ha'ayin, Israel
Founded 2008
Employees 217
Website www.enlightenergy.co.il

Enlight Renewable Energy (ENLT) Performance