Kenon ( (KEN) ) has issued an announcement.
On March 12, 2025, Kenon Holdings Ltd.’s subsidiary, OPC Energy Ltd., filed its annual report for the year ended December 31, 2024, with the Israeli Securities Authority and the Tel Aviv Stock Exchange. The report highlights OPC’s financial performance, showing a 10% increase in consolidated EBITDA and a 17% rise in net income compared to the previous year. Despite challenges such as regulatory changes and market fluctuations, OPC’s strategic focus on energy transition and renewable energies has resulted in significant growth, particularly in its renewable energy segment, which saw a 261% increase in EBITDA.
More about Kenon
Kenon Holdings Ltd. operates in the energy sector, primarily through its subsidiary OPC Energy Ltd. OPC is involved in the development, construction, and operation of power plants, with a focus on both traditional and renewable energy sources. The company is active in the Israeli and U.S. energy markets, aiming to expand its portfolio of energy projects.
YTD Price Performance: -0.86%
Average Trading Volume: 10,660
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.69B
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