Brief: Two Enlight Facilities Win Bids In The Israel Electricity Authority's Energy Storage Tender

Enlight Renewable Energy

17/02/2025 11:46

Feb 17 (Reuters) - Enlight Renewable Energy Ltd
 ENLT.TA :
    * TWO ENLIGHT FACILITIES WIN BIDS IN THE ISRAEL ELECTRICITY
AUTHORITY'S ENERGY STORAGE TENDER AND THE COMPANY EXPECTS TO
CONSTRUCT TOTAL STORAGE CAPACITY IN THE RANGE OF 1,300 TO 1,900
MWH
    * ENLIGHT RENEWABLE ENERGY LTD: COMBINED CONSTRUCTION COST
OF TWO
FACILITIES IS EXPECTED TO RANGE BETWEEN $210-250 MILLION
    * ENLIGHT RENEWABLE ENERGY LTD: PROJECTS EXPECTED TO
GENERATE
COMBINED AVERAGE ANNUAL REVENUES OF $75-85 MILLION OVER FULL
LIFE
    * ENLIGHT RENEWABLE ENERGY LTD:  PROJECTS ARE EXPECTED TO
GENERATE
COMBINED AVERAGE ANNUAL EBITDA OF $37-42 MILLION OVER FULL LIFE

Source text:  ID:nGNX7sw8zc 
Further company coverage:  ENLT.TA 

 (Reuters.Briefs@thomsonreuters.com)