Enlight Renewable Energy .(US:ENLT)2025-08-06 10:00Financial 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]