Enlight Renewable Energy (NasdaqGS:ENLT) Q4 2025 Earnings call February 17, 2026 08:00 AM ET Company ParticipantsAdi Leviatan - CEOItay Benayan - Chief Corporate Development OfficerJared McKee - CEOLimor Zohar-Megan - Director of Investor RelationsMark Strouse - Executive DirectorMike McNulty - Equity Research AssociateNir Yehuda - CFOConference Call ParticipantsJustin Lars Clare - Managing Director and Senior Research AnalystMaheep Mandloi - Director and Lead Analyst of Clean Energy and RenewablesOperatorG ...

Enlight Renewable Energy (NasdaqGS:ENLT) Q4 2025 Earnings call February 17, 2026 08:00 AM ET Company ParticipantsAdi Leviatan - CEOItay Benayan - Chief Corporate Development OfficerJared McKee - CEOLimor Zohar-Megan - Director of Investor RelationsMark Strouse - Executive DirectorMike McNulty - Equity Research AssociateNir Yehuda - CFOConference Call ParticipantsJustin Lars Clare - Managing Director and Senior Research AnalystMaheep Mandloi - Director and Lead Analyst of Clean Energy and RenewablesOperatorG ...

Enlight Renewable Energy (NasdaqGS:ENLT) Q4 2025 Earnings call February 17, 2026 08:00 AM ET Speaker8Good day, and thank you for standing by. Welcome to the Enlight Renewable Energy fourth quarter and full year 2025 earnings call. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Limor Zohar-Megan, Director of Investor Relations. Please go ahead.Speaker4Thank you, operator. Good morning, everyone, and thank you for joining the fourth quarter and ful ...

分组1 - Enlight Renewable Energy Ltd. reported quarterly earnings of $0.1 per share, exceeding the Zacks Consensus Estimate of a loss of $0.07 per share, and showing an increase from earnings of $0.04 per share a year ago, resulting in an earnings surprise of +244.30% [1] - The company achieved revenues of $152.36 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 12.89%, and this represents a year-over-year increase from $114.21 million [2] - Enlight Renewable Energy Ltd. has outperformed the S&P 500, with shares increasing by about 42.7% since the beginning of the year, while the S&P 500 has declined by 0.1% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.05 on revenues of $159.76 million, and for the current fiscal year, it is $0.32 on revenues of $730.48 million [7] - The Zacks Industry Rank indicates that the Alternative Energy - Other sector is currently in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The estimate revisions trend for Enlight Renewable Energy Ltd. was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6]

Earnings Presentation צבע טקסט כותרת 1 Legal disclaimer This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements contained in this presentatio ...

Core Insights - Enlight Renewable Energy reported strong financial results for Q4 2025, with significant year-over-year growth in revenues, net income, and adjusted EBITDA, indicating robust operational performance and market demand for renewable energy solutions [1][6][8]. Financial Performance - For Q4 2025, total revenues and income reached $152 million, a 46% increase from $104 million in Q4 2024 [6][27]. - Net income for Q4 2025 was $21 million, up 153% from $8 million in the same period last year [6][29]. - Adjusted EBITDA for Q4 2025 grew by 51% to $99 million, compared to $65 million in Q4 2024 [6][30]. - Cash flow from operating activities was $75 million in Q4 2025, an increase of 38% from $54 million in Q4 2024 [6]. Annual Financial Results - For the full year 2025, total revenues and income amounted to $582 million, a 46% increase from $399 million in 2024 [6][27]. - Net income for 2025 was $161 million, reflecting a 142% increase from $66 million in 2024 [6][29]. - Adjusted EBITDA for 2025 was $438 million, up 51% from $289 million in 2024 [6][30]. - Cash flow from operating activities for the year was $283 million, an 11% increase from $255 million in 2024 [6]. 2026 Guidance - The company expects total revenues and income for 2026 to range between $755 million and $785 million, representing a 32% increase at the midpoint from 2025 [5]. - Adjusted EBITDA for 2026 is projected to be between $545 million and $565 million, a 27% increase at the midpoint from 2025 [5]. Portfolio Expansion - Enlight's total portfolio now includes 20.6 GW of generation capacity and 61 GWh of energy storage, a 26% increase from 30.2 FGW at the end of 2024 [9]. - The mature component of the portfolio, which includes operating and under-construction projects, has increased by 33% to 6.4 GW of generation capacity and 17.5 GWh of storage [9][10]. - The company has secured Safe Harbor status for 13.2 FGW of capacity, enabling eligibility for U.S. tax benefits [11]. Project Development - The CO Bar complex, a significant project in Arizona, has a total capacity of approximately 1.2 GW of solar generation and 4 GWh of energy storage [10]. - Enlight plans to begin construction on projects totaling 3 to 4 FGW in 2026, leading to a total capacity under construction of 6.5 to 7.5 FGW [13]. - The company anticipates that its operating and under-construction components will generate annualized revenues of $1.8 to $2 billion by the end of 2028 [13][18]. Financial Strategy - Enlight has secured approximately $1.4 billion in project financing for the Snowflake A project and raised $300 million in share equity through a private placement [25]. - The company maintains $525 million in credit facilities, with $162 million drawn as of the balance sheet date [25].

All of the amounts disclosed in this press release are in U.S. dollars unless otherwise noted TEL AVIV, ISRAEL, February 17, 2026 – Enlight Renewable Energy (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the fourth quarter of 2025 ending December 31, 2025. Registration links for the Company's earnings English and Hebrew conference call and webcasts can be found at the end of this earnings release. The entire suite of the Company's 4Q25 financial results can be found on our IR website at htt ...

Core Viewpoint - Enlight Renewable Energy is hosting a virtual Investor Event on March 9, 2026, focusing on its execution excellence and growth engines [1][2]. Group 1: Event Details - The virtual Investor Event will start at 10:00 a.m. ET and is expected to conclude around 11:30 a.m. ET [2]. - Presentations will be delivered by senior management, including CEO Adi Leviatan and CEO of Clenera Jared McKee, followed by a Q&A session [2]. - A live webcast will be available for attendees, with a replay accessible approximately two hours after the event [2]. Group 2: Company Overview - Enlight Renewable Energy was founded in 2008 and specializes in developing, financing, constructing, owning, and operating utility-scale renewable energy projects [3]. - The company operates in three major renewable segments: solar, wind, and energy storage [3]. - Enlight has a global presence, operating in the United States, Israel, and 11 European countries, and is listed on both the Tel Aviv Stock Exchange and Nasdaq [3].

Core Insights - The CO Bar Complex is one of the largest renewable energy projects in the U.S., with a total capacity of approximately 1.2 GW of solar generation and 4.0 GWh of energy storage [1][2] - The project is expected to generate around USD 270 million from electricity sales in its first full year of operation [1][3] - Enlight Renewable Energy has secured significant agreements, including a 1 GW Interconnection Agreement and 20-year tolling agreements for additional energy storage capacity [1][4] Project Details - The CO Bar Complex consists of five stages, with CO Bar 1 contributing 258 MW of solar generation and 824 MWh of energy storage, while CO Bar 2 and CO Bar 3 add 480 MW and 473 MW of solar generation, respectively [2] - CO Bar 4 and CO Bar 5 are dedicated to energy storage, providing 1,600 MWh and 1,576 MWh of capacity [2] - The total investment for the Complex is estimated between USD 2,860 million and USD 3,010 million, with a net investment of approximately USD 1,550 million to USD 1,630 million after tax benefits [3] Strategic Importance - The completion of the CO Bar project marks a significant milestone for Enlight in the U.S. market, following the financial closing of another large-scale project, Snowflake [5] - Enlight's strategy focuses on leveraging large interconnections to develop multiple components, which reduces development risks and enhances return on investments [5] - The project is expected to provide enough clean energy to power over 215,000 homes in Arizona [3] Construction Timeline - All five stages of the CO Bar Complex were safe harbored in 2025, with construction at CO Bar 1-2 progressing to the next phase [6] - Full mobilization of construction at CO Bar 3-5 is anticipated within the next 12 months, with initial commercial operations expected to begin from the second half of 2027 to the first half of 2028 [6] Leadership Statements - The CEO of Enlight emphasized that the CO Bar project represents a major advancement for the company's U.S. platform and demonstrates their capability to execute large-scale renewable energy projects [7] - The CEO of Clēnera highlighted the project's significance in building large utility-scale solar facilities that support regenerative land management principles [7]

Core Insights - Enlight Renewable Energy has signed an agreement to acquire a majority stake in Project Jupiter, a large-scale solar and energy storage project in Germany, in partnership with Prime Capital AG [1][3] - The project will feature up to 150 MWp of solar generation capacity and 2,000 MWh of energy storage capacity, with a secured grid connection of up to 500 MW, expected to reach Ready to Build by late 2026 [2] Investment Details - The total investment for Project Jupiter is projected to be between EUR 470 million and EUR 500 million, with expected average revenue of approximately EUR 85 to 90 million and EBITDA of EUR 70 to 80 million during the first five years of operation [2] - Enlight is expected to acquire between 51% to 60% of the shares in Project Jupiter, while Prime Capital's fund will hold the remaining shares [1][2] Strategic Partnerships - This transaction builds on the long-standing cooperation between Enlight and Prime Capital, which began in 2019, including a joint investment in the 372 MW Björnberget wind farm in Sweden [3] - Enlight has committed EUR 50 million to Prime Capital's energy infrastructure fund, PGEIF II, which has a total target size of approximately EUR 1 billion, and has received substantial co-investment rights in additional projects [4] Market Position - The CEO of Enlight highlighted that Project Jupiter aligns with the company's strategic focus on energy storage in Europe and strengthens its portfolio in Germany, a key renewable energy market [5] - Prime Capital's Head of Infrastructure emphasized the collaboration's potential to accelerate Europe's energy transition and create sustainable growth [5]