Core Insights - Enlight Renewable Energy's U.S. subsidiary Clēnera Holdings has secured two tax equity partnerships for the Roadrunner Solar and Energy Storage Project in Arizona, enhancing its growth strategy in the U.S. renewable energy market [1][2][6] Financial Commitments - The partnership with J.P. Morgan involves a tax equity contribution for the 290 MW solar component, while M&T Bank and First Citizens Bank provide financing for the 940 MWh storage component, totaling approximately $340 million in commitments at COD, expected to rise to nearly $390 million with additional pay-go contributions [2][3] Project Overview - The Roadrunner project represents a total investment of $621 million, with the solar component having begun test energy production and full commercial operation anticipated by the end of 2025. It is projected to generate over $50 million in annual revenues and approximately $40 million in EBITDA in its first full operating year [3][4] Tax Incentives - The solar component is expected to benefit from Production Tax Credits (PTC), while the storage component will receive Investment Tax Credits (ITC). The project is also expected to qualify for a 10% Energy Community Adder, enhancing the financial viability of the partnerships [4][6] Revenue Stability - All of Enlight's U.S. projects are supported by BUSBAR power purchase agreements (PPAs) with investment-grade offtakers, including a 20-year PPA with the Arizona Electric Power Cooperative for the Roadrunner project, ensuring stable long-term revenues [5][6] Strategic Positioning - Co-located solar and energy storage projects are central to Enlight's strategy, providing reliable clean electricity and flexibility to the grid. The Roadrunner project is positioned as a flagship utility-scale project, contributing to Enlight's leadership in large-scale clean energy deployment in the U.S. [6][7]

AB "Ignitis grupė" (hereinafter – the Group) informs that on 23 July 2025 the Board of its subsidiary UAB "Ignitis renewables" (hereinafter – Ignitis Renewables) appointed the Chief Executive Officer (hereinafter – CEO) of Ignitis Renewables. The position will be assumed by Frank Oomen, a senior executive with a strong track record in renewables. The new Ignitis Renewables CEO is starting his five-year term from 1 September 2025. The new CEO has over 15 years of leadership experience in various energy compa ...

Financial Strategy - Acwa set the price of new shares in its $1.9 billion rights issue at a 17% discount [1] Expansion Plan - The rights issue is a key step in Acwa's plan to fund an aggressive expansion in renewable and clean energy projects [1]

Company Overview - Voltalia is an international player in the renewable energy sector, producing and selling electricity from wind, solar, hydraulic, biomass, and storage facilities [2] - The company has a generating capacity in operation and under construction of over 3.3 GW, with a project portfolio under development representing a total capacity of 17.4 GW [2] Services Offered - Voltalia acts as a service provider, supporting investor clients in renewable energy projects from design to operation and maintenance [3] - The company offers a comprehensive range of services to private companies, including the supply of green electricity, energy efficiency services, and local electricity production [3] Company Presence and Recognition - Voltalia employs more than 2,000 people and operates in 20 countries across 3 continents, enabling global service delivery for its clients [4] - The company is listed on the Euronext regulated market in Paris and is included in indices such as Enternext Tech 40 and CAC Mid&Small, as well as in MSCI ESG ratings and Sustainalytics ratings [4]