Singapore's Kenon OPC unit Q2 revenue more than doubles yr/yr

Kenon Holdings

08/09/2026 21:52

Overview
Singapore power and infrastructure holding's OPC unit Q2 rev more than doubled yr/yr
OPC net profit for Q2 rose to $15 mln from $1 mln yr/yr
Kenon received $93 mln from Peru, concluding arbitration award

Outlook
Company did not provide specific guidance or outlook for future quarters or the full year

Result Drivers
ISRAEL CONSUMPTION AND CURRENCY - Revenue from Israeli operations rose due to higher customer consumption and a stronger New Israeli Shekel against the U.S. dollar
US PLANT CONSOLIDATION - Revenue in the U.S. increased mainly from the first-time consolidation of the Shore and Maryland power plants and expanded retail electricity activities
HIGHER COSTS FROM EXPANSION - Cost of sales rose due to higher customer consumption in Israel and the integration of new U.S. power plants

Company press release: ID:nPn4GFH0Na

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 OPC Revenue
 
$379 mln
 
Q2 OPC Net Income
 
$15 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)