Enlight Renewable sees 2023 revenue $290M-$300M

"We are pleased to introduce Revenue and Adjusted EBITDA guidance for 2023 based on our current operational portfolio and expected conversions to operations over the course of the year. We note that our Revenue and Adjusted EBITDA guidance does not include certain proceeds from the sale of electricity for our projects treated as Financial Assets. Similarly, our Adjusted EBITDA outlook does not include tax credits expected to be recognized upon COD of Apex Solar. We benefit as a well-capitalized and diversified group, and demand for renewable energy continues to increase globally," said Nir Yehuda, Enlight Renewable Energy’s Chief Financial Officer. Sees Adjusted EBITDA for fiscal year 2023 between $188m and $198m; $15m proceeds from the sale of electricity with respect to projects treated as Financial Assets which are not recognized as revenue nor included in Adjusted EBITDA; 1,759 MW operational by year end 2023.