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Stock impact report

Enlight Announces $1.44 Billion Debt Financing for Flagship Snowflake A Project in Arizona

Enlight Renewable Energy Ltd. - Ordinary Shares (ENLT) 
Company Research Source: GlobeNewswire
Snowflake A, Enlight’s largest U.S. project to reach financial close, combines 600 MW of solar power generation and 1,900 MWh of energy storage capacity under a 20-year busbar PPA with Arizona Public Service  Part of the broader Snowflake complex in Arizona, with further expansion under development  Expected to contribute approximately $128 million in revenue and $104 million in EBITDA in first full year of operation  TEL AVIV, Israel, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (TASE & NASDAQ: ENLT), a global renewable energy IPP and developer, announced today that its U.S. subsidiary Clenera Holdings has entered into a debt financing agreement for "Snowflake A", located near Holbrook, Arizona.   Snowflake A is the largest project in the company’s portfolio to reach financial close. It combines 600 MW of solar power generation with 1,900 MWh of energy storage capacity and is expected to achieve commercial operation during the second half of 2027. Once operational Show less Read more
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