The Atrisco Solar & Storage Project Has Commenced Commercial Operations
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Enlight Renewable Energy Ltd. (ENLT)
Company Research
Source: GlobeNewswire
TEL AVIV, Israel, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the initial start of commercial operations at its Atrisco Solar & Energy Storage project (“Atrisco”, “the Project”) outside Albuquerque, New Mexico. The Project consists of 364 MW solar generation capacity and 1.2 GWh of energy storage capacity, and was developed and built by Enlight’s U.S. subsidiary Clenera. The Solar generation array is expected to reach full commercial operations over the next several weeks, and the Energy Storage (BESS) complex of the project is expected to complete COD before year end. The power produced at Atrisco is being purchased by the Public Service Company of New Mexico (PNM) under the terms of a 20-year power purchase agreement. The clean energy to be produced by the facility is equivalent to the average annual consumption of approximately 110,000 New Mexico households. A
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- Enlight Renewable Energy Ltd (NASDAQ: ENLT) had its price target raised by analysts at JPMorgan Chase & Co. from $17.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
- Enlight Announces the Financial Close for Project RoadrunnerGlobeNewswire
- The Atrisco Solar & Storage Project Has Achieved Full Commercial Operations [Yahoo! Finance]Yahoo! Finance
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- ENLT's page on the SEC website