Enlight Renewable Energy .(ENLT) - 2025 Q1 - Earnings Call Presentation

Financial Performance - The company experienced a 39% year-over-year increase in revenue for 1Q25 [11] - Adjusted EBITDA increased by 84% in 1Q25 compared to 1Q24 [11] - Net income saw a significant increase of 316% in 1Q25 compared to 1Q24 [11] - The sale of 44% of the Sunlight cluster contributed $80 million to revenues and income and $42 million to Adjusted EBITDA in 1Q25 [14] - The company reaffirms its 2025 guidance with revenues and income projected between $490 million and $510 million, and Adjusted EBITDA between $360 million and $380 million [11] Growth and Expansion - The company's revenues and Adjusted EBITDA have a Compound Annual Growth Rate (CAGR) nearing 40% since 2018 [15] - The company plans to build 4.7 FGW of capacity in 2025 [37] - The company is targeting $1.4 billion in revenues and income by year-end 2027 [35] - The company is entering the data center sector, leveraging its core capabilities [38] Tariff Mitigation and Financial Strategy - The company has no exposure to tariffs on solar panels for projects reaching COD by the end of 2026 [11] - 80% of the batteries for projects are purchased from Tesla, resulting in lower tariff exposure [11, 24] - The company completed $1.5 billion in financial closings for three U S projects in the past four months [11]