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Stock impact report

Enlight Secures Nearly $150 Million in Tax Equity Financing for Quail Ranch

Enlight Renewable Energy Ltd. - Ordinary Shares (ENLT) 
Company Research Source: GlobeNewswire
Wells Fargo joins as tax equity partner for Enlight’s New Mexico project Enlight’s fifth U.S. tax equity partnership brings total to nearly $1 billion in value  Quail Ranch, a 128 MW solar and 400 MWh storage project, is expected to reach COD toward the end of 2025 TEL AVIV, Israel, Nov. 03, 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 closed a tax equity agreement with Wells Fargo Bank N.A. (Wells Fargo) for the Quail Ranch project in New Mexico. Under the agreement, Wells Fargo will provide tax equity financing, including a contribution following commercial operation (COD) of $131 million, expected to increase to nearly $150 million when including pay-go contributions over the first 10 years of operation. The Quail Ranch project, a co-located solar and energy storage project totaling 128 MW of solar generation and 400 MWh of energy storage, in Show less Read more
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