Enlight Announces the Financial Close for Project Roadrunner
Enlight Renewable Energy Ltd. (ENLT)
Company Research
Source: GlobeNewswire
The debt financing package includes $550 million of construction loans Roadrunner consists of 290 MW of solar generation and 940 MWh of energy storage capacity, and is expected to reach full COD by the end of 2025 TEL AVIV, Israel, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (“Enlight”, “the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading global renewable energy platform, today announced that the Company has arranged the debt financing (the “Debt Financing”) for project Roadrunner (“Roadrunner” or “the Project”), located near Tuscon, Arizona, USA. As part of the Debt Financing, Enlight, through its subsidiary Clenera Holdings LLC, has entered into a loan agreement with a consortium of four leading global banks including BNP Paribas Securities Corp, Crédit Agricole, Natixis CIB, and Norddeutsche Landesbank Girozentrale (Nord/LB), totaling $550 million, which are expected to convert into a $290 million term loan and $320 million of tax equity funding upon the
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ENLT
Earnings
- 11/13/24 - Beat
ENLT
Sec Filings
- 12/23/24 - Form SCHEDULE
- 12/23/24 - Form 6-K
- 12/10/24 - Form 6-K
- ENLT's page on the SEC website