Quarterly ResultAug 4, 2026, 07:26 AM
Enlight Renewable Energy Q2 Revenue +55% to $210M; Net Income $31M
AI Summary
Enlight Renewable Energy reported strong financial results for Q2 2026, with total revenues and income increasing by 55% to $210 million and net income soaring to $31 million from $6 million last year. Adjusted EBITDA also grew significantly by 67% to $160 million. The company continued its strategic expansion, growing its total portfolio to 43.1 FGW and securing approximately $3.7 billion in financing during the first half of the year, including $2.6 billion for the CO-Bar complex.
Key Highlights
- Q2 2026 total revenues and income increased 55% to $210 million.
- Q2 2026 net income rose to $31 million, up 460% from $6 million last year.
- Adjusted EBITDA for Q2 2026 grew 67% to $160 million.
- Total portfolio expanded 4.6% to 43.1 FGW (generation and storage capacity).
- Secured $2.6 billion financing for the CO-Bar complex in Arizona.
- Raised $350 million through Series G bonds on the Tel Aviv Stock Exchange.
- Issued approximately 6 million shares, generating gross proceeds of ~$420 million.
- U.S. segment revenue increased 133% to $80 million in Q2 2026.
Price Impact
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