Genie Energy Closes on Solar Generation Project Financing
Genie Energy Ltd. Class B Stock (GNE)
Last genie energy ltd. class b stock earnings: 11/8 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
genie.com
Company Research
Source: GlobeNewswire
NEWARK, NJ, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE: GNE), a retail energy and renewable energy solutions provider, today announced that it has closed on a loan financing on a portfolio of operating solar generation assets. The $7.4 million fixed rate term loan secured through National Cooperative Bank (NCB) provides project financing for a solar array portfolio rated for an aggregate 10MW. The arrays, which Genie purchased through its Sunlight Energy subsidiary during the past year, provide power to educational facilities in three Midwestern states through direct fixed-price solar power purchase agreements (PPAs). Michael Stein, CEO of Genie Energy, commented, “I am very pleased to complete the financing of this portfolio. These assets have generated revenue and profitability in line with expectations since we acquired them. The financing provided by NCB increases the arrays’ return on equity and more broadly, represents a key element of our solar generation st
Show less
Read more
Impact Snapshot
Event Time:
GNE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GNE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GNE alerts
High impacting Genie Energy Ltd. Class B Stock news events
Weekly update
A roundup of the hottest topics
GNE
News
- Genie Energy's (NYSE:GNE) Soft Earnings Don't Show The Whole Picture [Yahoo! Finance]Yahoo! Finance
- Genie Energy's (NYSE:GNE) Dividend Will Be $0.075 [Yahoo! Finance]Yahoo! Finance
- It Might Not Be A Great Idea To Buy Genie Energy Ltd. (NYSE:GNE) For Its Next Dividend [Yahoo! Finance]Yahoo! Finance
- Genie Energy Reports Y/Y Declines in Earnings & Revenues in Q3 [Yahoo! Finance]Yahoo! Finance
- Individual investors account for 41% of Genie Energy Ltd.'s (NYSE:GNE) ownership, while institutions account for 36% [Yahoo! Finance]Yahoo! Finance
GNE
Sec Filings
- 11/20/24 - Form 144
- 11/19/24 - Form 8-K
- 11/14/24 - Form 4
- GNE's page on the SEC website