Core Insights - Orrön Energy AB has made significant progress in its greenfield platform, enhancing the value and maturity of its project portfolio, particularly in the UK and Germany [1][3] UK Developments - The company has secured grid connections for six large-scale projects in the UK, with a total estimated capacity of 2.9 GW, including three solar energy projects (1.8 GW) and three data center projects (1.1 GW) [1] - Binding grid offers and additional details regarding grid connection dates are expected in the third quarter of 2026, with projects ready to permit once final agreements are issued [1] German Developments - In Germany, three solar energy projects with a combined capacity of approximately 250 MW have received municipal approvals, contributing to the company's growing project pipeline [2] - The company has advanced a significant pipeline of large-scale battery projects and expects to receive grid confirmation early this year [2] - Recent sales processes have resulted in the sale of 310 MW of projects for a total consideration of €18 million, contingent on reaching key development milestones [2] Financial Outlook - The CEO of Orrön Energy expressed confidence in the company's progress, noting an average sales price of around €55,000 per MW expected in 2025, which is anticipated to deliver significant value moving forward [3]

Core Points - Enlight Renewable Energy will release its financial results for Q3 2025 on November 12, 2025, before market open [1] - The earnings release and additional investor materials will be available on the company's website [2] - CEO Adi Leviathan will discuss the financial results and business outlook during a conference call [2] Financial Results Release - The financial results will be accessible on the company's website prior to the conference call [2] - A live conference call in English is scheduled for 8:00 AM Eastern Time / 3:00 PM Israel Time [3] - A Hebrew webcast will be held at 6:00 AM Eastern Time / 1:00 PM Israel Time [4] Company Overview - Enlight was founded in 2008 and focuses on developing, financing, constructing, owning, and operating utility-scale renewable energy projects [4] - The company operates in solar, wind, and energy storage sectors across the U.S., Israel, and 10 European countries [4] - Enlight has been publicly traded on the Tel Aviv Stock Exchange since 2010 and completed its U.S. IPO in 2023 [4]

Core Insights - Hero Future Energies (HFE) has secured funding of ₹190.80 crore from State Bank of India and Canara Bank for its renewable energy hybrid project [1][2] - The funding will support the development of a 120 MW hybrid project in Kurnool, Andhra Pradesh, which integrates wind, solar, and storage technologies [1][2] - The project has a repayment period of 21 years, indicating strong confidence from lenders in HFE's capabilities [2][4] Funding Details - The funding is provided through HFE's special purpose vehicle (SPV), Clean Renewable Energy Hybrid Three [1] - Last month, HFE also secured ₹102.40 crore from State Bank of India for a 60 MW Hybrid Peak Power Project, also located in Kurnool [3] - Both projects reflect the lending community's confidence in HFE's expertise in developing complex hybrid renewable projects [2][4] Project Specifications - The 120 MW project is contracted with SJVN and aims to deliver reliable peak power [2] - The 60 MW project combines solar, wind, and storage technologies and is contracted with SECI [3] - Timely project execution and commencement of commercial operations are emphasized as key outcomes of the funding [2][4]

Financial Performance & Guidance - Second Quarter 2025 saw a 53% increase in revenues and income compared to 2Q24[10, 16] - Adjusted EBITDA increased by 57% in 2Q25 compared to 2Q24[10, 16] - The company is raising its 2025 guidance for total revenues and income to a range of $520-535 million, a 55% increase from the original forecast[10, 18] - Adjusted EBITDA guidance for 2025 is raised to $385-400 million, a 6% increase from the original forecast[10, 18] - The company expects to reach an annual revenue and income run rate of approximately $14 billion by the end of 2027[10] Portfolio & Growth - The company has 48 FGW of projects under construction in 2025, of which 29 GW have already begun construction[10] - The total portfolio is 353 FGW, including 31 FGW operational, 29 FGW under construction, 32 FGW pre-construction, 6 FGW advanced development, and 201 FGW in development[29] - The mature portfolio (operational, under construction, and pre-construction) is expected to generate ~$15 billion of revenues & income[39] - The company plans for 37 FGW of expansions at existing EU+MENA projects (11 GW + 69 GWh) and USA projects (03 GW + 13 GWh) for construction in 2025-27[61, 62] Strategic Initiatives - Gilad Yavetz, Enlight's founder and CEO, will be appointed to the position of full-time Executive Chairman of the Board, and Adi Leviatan will be appointed as CEO[26] - The company secured $310 million in financing to add solar and energy storage to Spain's Gecama wind farm, expected to generate $100 million in annual revenue[40]

Core Insights - Enlight Renewable Energy is undergoing a leadership transition, with Gilad Yavetz becoming Executive Chairman and Adi Leviatan appointed as the new CEO, marking a significant step in the company's growth strategy [1][2][6] Leadership Changes - Gilad Yavetz, co-founder and current CEO, will transition to Executive Chairman, maintaining close collaboration with the new CEO and the board to drive the company's growth [2][3] - Adi Leviatan brings over 20 years of executive experience from global corporations, including a recent role at 3M, where she managed a division with approximately 700 employees and annual revenues of $1.5 billion [2][6] - Yair Seroussi, who served as Chairman for seven years, will take on the role of Vice Chairman, continuing to support the executive management with his expertise in strategy and finance [4] Strategic Positioning - The leadership transition is set to take effect on October 1, 2025, as Enlight is positioned for significant growth, supported by a robust organizational and operational infrastructure [5] - The company has made strategic moves to enhance its leadership platform, including appointing General Managers to key business units and developing a top-performing energy management platform [5][6] Company Vision - Gilad Yavetz expressed confidence in Adi Leviatan's leadership capabilities, emphasizing her strategic experience and the importance of maintaining Enlight's core values during this transition [7][8] - Adi Leviatan highlighted her commitment to the company's vision and values, aiming to further establish Enlight as a leading player in the renewable energy sector [9] Company Background - Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects across solar, wind, and energy storage segments [11] - The company operates in the United States, Israel, and 10 European countries, and has been publicly traded since 2010, completing its U.S. IPO in 2023 [11]

Financial Performance - The company reported total revenues and income of $130 million for Q1 2025, a 39% increase from $94 million in Q1 2024 [5][27] - Net income surged to $102 million, reflecting a 316% increase compared to $24 million in the same period last year [5][33] - Adjusted EBITDA rose by 84% to $132 million, up from $72 million in Q1 2024 [5][34] - Cash flow from operating activities increased by 24% to $44 million, compared to $35 million in Q1 2024 [5] Revenue Breakdown - Revenues from electricity sales increased by 21% to $110 million, up from $90 million in Q1 2024 [27][30] - The company recognized $20 million in income from tax benefits, a 516% increase from $3 million in Q1 2024 [27] - Revenue contributions from new projects connected to the grid included $30 million from various projects, with significant contributions from Atrisco, Israel Solar and Storage Cluster, and others [28][30] Project Developments - The company sold 44% of the Sunlight cluster for $52 million, generating an additional $42 million in Adjusted EBITDA and $80 million in net profit for Q1 2025 [6][29] - The total portfolio consists of 33.4 FGW, with 8.6 FGW in the mature portfolio expected to generate annualized revenues of approximately $1.4 billion by 2027 [11][19] - The company has secured $1.8 billion in financing to support the construction of 4.7 FGW of capacity in 2025 [9] Geographic Revenue Distribution - Revenue distribution for Q1 2025 included $42.9 million from MENA, $51.4 million from Europe, and $34.8 million from the U.S., with the U.S. segment showing a 674% increase year-over-year [25][32] - Approximately 81% of operational capacity sells electricity under Power Purchase Agreements (PPAs), with 29% of power sold under inflation-linked PPAs [16] Operational Strategy - The company has effectively mitigated exposure to U.S. import tariffs through diversified procurement strategies, ensuring that projects under construction have no solar panel exposure under current tariff policies [3][8] - The operational portfolio is geographically diversified, with 44% of capacity in Europe, 29% in Israel, and 27% in the U.S. [16] Future Guidance - Total revenues and income for 2025 are projected to range between $490 million and $510 million, with Adjusted EBITDA expected between $360 million and $380 million [29][30] - Approximately 90% of electricity volumes expected to be generated in 2025 will be sold at fixed prices through PPAs or hedges [30]

Core Insights - Enlight Renewable Energy Ltd. has achieved financial close for the Quail Ranch project, securing $243 million in construction loans, with commercial operation date (COD) expected towards the end of 2025 [1][5][6] - The Quail Ranch project combines 128 MW of solar generation with 400 MWh of battery storage capacity, supported by a 20-year power purchase agreement (PPA) with the Public Service Company of New Mexico [2][4] - The project is part of a larger initiative that includes two other projects, Roadrunner and Country Acres, which together have secured a total of $1.5 billion in financing and are projected to generate annual revenues of $135-140 million and EBITDA of $100-110 million [4][6] Project Details - Quail Ranch is an expansion of the Atrisco project, which began commercial operations in 2024, utilizing shared infrastructure to reduce costs [3][4] - The project is located at an elevation of 1,800 meters in a desert plateau, providing optimal conditions for solar generation [3] - Upon COD, the construction loan is expected to convert into a $120 million term loan, and the project is anticipated to qualify for the Energy Community Tax Credit Bonus [5][6] Financial and Operational Outlook - The financial close for Quail Ranch is part of Enlight's strategy to advance multiple projects in the U.S., with a total capacity of 1.4 FGW across three projects [4][6] - The company aims to generate combined annual revenues of approximately $200 million in the U.S. once all projects are operational [6] - Enlight is also developing two additional megaprojects in the western U.S. with a combined capacity of 2.6 FGW, expected to begin construction soon [7]

TABLE OF CONTENTS As filed with the U.S. Securities and Exchange Commission on February 6, 2023. Registration No. 333-269311 UNITED STATES SECURITIES AND EXCHANGE COMMISSION State of Israel 4911 Not applicable (I.R.S. Employer Identification No.) Enlight Renewable Energy Ltd. 13 Amal St., Afek Industrial Park Rosh Ha'ayin 4809249, Israel 972 (3) 900-8700 (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) Enlight Renewable Energy LLC 800 W. M ...

TABLE OF CONTENTS As filed with the U.S. Securities and Exchange Commission on January 31, 2023. Registration No. 333-269311 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Enlight Renewable Energy Ltd. (Exact Name of Registrant as Specified in its Charter) State of Israel 4911 Not applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Cod ...

(Primary Standard Industrial Classification Code Number) State of Israel 4911 Not applicable (I.R.S. Employer Identification No.) TABLE OF CONTENTS As filed with the U.S. Securities and Exchange Commission on January 20, 2023. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Enlight Renewable Energy Ltd. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorpora ...