Enlight Wins Israel's First Ever Land Tender for an Integrated Data Center and Renewable Energy Facility in the Ashalim Region

Core Insights - Enlight Renewable Energy has won a tender from the Israel Land Authority to develop a data center and renewable energy complex in Ashalim, Israel, with an investment of up to $1.1 billion [1][2][3] - The project aims to address the high demand for data centers in Israel, particularly in the southern region, which is equipped with renewable energy infrastructure [2][4] - The integrated facility will include a solar generation and energy storage component to meet part of the data center's electricity demand, enhancing operational efficiency [3][4] Company Overview - Enlight Renewable Energy, founded in 2008, specializes in developing, financing, constructing, owning, and operating utility-scale renewable energy projects across solar, wind, and energy storage sectors [5] - The company operates in multiple regions, including the United States, Israel, and ten European countries, and has been publicly traded since 2010 [5] Market Context - There is a significant demand for new data centers in Israel, primarily concentrated in the central region, which faces land and power infrastructure shortages [2] - Ashalim is identified as an optimal location due to its existing renewable energy hub and high-voltage transmission networks, facilitating the establishment of large-scale data centers [2][4]