Loan & DebtMay 11, 2026, 06:07 AM
Enlight Renewable Energy Considers NIS 550M Notes Offering
AI Summary
Enlight Renewable Energy Ltd. is considering an offering of approximately NIS 550 million face value of unsecured notes in Israel. This offering would expand its existing 5% Series G notes, which are listed on the Tel Aviv Stock Exchange. The company plans to use the net proceeds for debt refinancing, specifically the redemption of Series F bonds, and for investments in its large-scale portfolio across the United States, Europe, and MENA regions. The notes, if issued, would mature on September 1, 2033, but the execution, timing, terms, and final amount are still subject to board and TASE approvals.
Key Highlights
- Enlight Renewable Energy is considering a NIS 550 million unsecured notes offering.
- The offering would be an expansion of its existing 5% unsecured Series G notes.
- Proceeds are intended for debt refinancing (Series F bonds) and investments.
- Investments target large-scale projects in the US, Europe, and MENA.
- The notes, if offered, would mature on September 1, 2033.
- The offering is exclusively for Israeli investors and listed on the Tel Aviv Stock Exchange.
- Execution, timing, terms, and amount are subject to further approvals and not finalized.