Enlight Renewable Energy ( (IL:ENLT) ) has shared an announcement.
Enlight Renewable Energy Ltd. announced the financial close for its Quail Ranch project in New Mexico, securing $243 million in construction financing from a consortium of global banks. The project, featuring 128 MW of solar generation and 400 MWh of energy storage, is expected to reach commercial operation by the end of 2025, with a 20-year power purchase agreement in place with the Public Service Company of New Mexico.
More about Enlight Renewable Energy
Enlight Renewable Energy Ltd. operates in the renewable energy industry, focusing on the development and management of solar and energy storage projects. The company is involved in creating sustainable energy solutions and has a market focus on expanding its renewable energy portfolio.
YTD Price Performance: -14.17%
Average Trading Volume: 15,407
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.78B
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