EBRD and Erste Approve Financing for the Pupin Windfarm in Serbia
Enlight Renewable Energy Ltd. (ENLT)
Company Research
Source: GlobeNewswire
A $1011 million loan to Enlight is the first under new renewables auction scheme EBRD and Erste arrange a $101 million loan for Enlight’s second power plant in SerbiaThe project is first to reach financial close under Serbia’s 2023 renewables auction schemeNinety-four-MW windfarm to begin operating commercially in the second half of 2025 TEL AVIV, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT), a leading global renewable energy platform, today announced The European Bank for Reconstruction and Development (EBRD), together with Erste Group Bank AG and its local bank Erste Bank a.d. Novi Sad (Erste), have approved a financing package worth $101 million for the construction of a new windfarm in Serbia, which will be built by Enlight. The financing package will provide a major boost to the country’s goal of diversifying its energy mix. The EBRD and Erste will provide parallel loans, worth $50.5 million each, including
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News
- Enlight to Report First Quarter 2024 Financial Results on Wednesday, May 8, 2024GlobeNewswire
- Enlight Renewable Energy Ltd (NASDAQ: ENLT) had its price target lowered by analysts at Barclays PLC from $21.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- Enlight Renewable Energy Ltd (NASDAQ: ENLT) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating. They now have a $16.00 price target on the stock, down previously from $19.00.MarketBeat
- Enlight Announces Filing of Form 20-F For The Year Ended December 31, 2023GlobeNewswire
- Enlight Renewable Energy: An Intriguing Choice But Fairly Priced [Seeking Alpha]Seeking Alpha
ENLT
Earnings
- 11/20/23 - Beat
ENLT
Sec Filings
- 4/18/24 - Form 6-K
- 4/8/24 - Form 6-K
- 3/28/24 - Form 20-F
- ENLT's page on the SEC website