Enlight Renewable Energy .(US:ENLT)2025-11-12 11:00Financial Performance & Guidance - Enlight achieved a 46% increase in quarterly revenues and income in 3Q25[10,15] - Adjusted EBITDA grew by 23% in 3Q25 compared to 3Q24[10,15] - The company is raising its 2025 revenue and income guidance to a range of $555-565 million, a 6% increase from the previous forecast[10,16,17] - Adjusted EBITDA guidance for 2025 is raised to $405-415 million, a 4.5% increase[10,16,17] - The company is aiming for an annual revenue and income run rate of approximately $1.5 billion by the end of 2027 and $2 billion by the end of 2028[10] Strategic Expansion & Portfolio Growth - Enlight is expanding its battery storage business with entry into the German and Polish markets[10] - The company acquired 50% of the Bertikow project and 100% of the Edison project to enter the German and Polish energy storage markets[25] - The Bertikow and Edison projects are expected to have a stand-alone storage capacity of 1.1 GWh with an expected first full year EBITDA of $45-49 million and $54-58 million respectively[26] - Enlight's total portfolio has reached 37 FGW (Factored GW), combining generation and storage capacity[44] - The mature portfolio, consisting of operational, under construction, and pre-construction projects, is expected to generate $1.6 billion in revenues and income[48] Capital & Financing - The company raised $4.8 billion in the past 12 months[33] - This includes approximately $1 billion in corporate finance and asset sales, $0.5 billion in tax equity partnerships, and $3.3 billion in project finance for projects in the US & Europe[34] - A $1.4 billion financial close was achieved for the Snowflake A project in Arizona, USA, with a capacity of 600 MW and 1900 MWh[37,38]