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Stock impact report

Enlight Secures $304 Million in Project Financing for the Crimson Orchard Project in Idaho, USA

Enlight Renewable Energy Ltd. (ENLT) 
Company Research Source: GlobeNewswire
120 MW solar and 400 MWh energy storage project in Elmore County, Idaho, currently under construction, commercial operation expected during the first half of 2027 Expected to contribute approximately $27-28 million in revenue and $20-21 million in EBITDA in its first full year of operation This brings Enlight’s total project financing to $3 Billion in the past 12 months TEL AVIV, Israel, March 16, 2026 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (TASE: ENLT; NASDAQ: ENLT), a global renewable energy developer and IPP, announced today that its U.S. subsidiary, Clenera, has secured $304 million in construction financing and term debt commitments for the Crimson Orchard project in Elmore County, Idaho. The financing commitments were provided by a group of leading global lenders: HSBC, ING Capital LLC, KeyBanc Capital Markets, and MUFG Bank, Ltd. Crimson Orchard is a co-located solar and energy storage project totaling 120 MW of solar power generation capacity and 400 MWh of energy Show less Read more
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