Enlight Renewable Energy reported financial results for Q3 of 2025, with revenue of $165m, a 46% increase YoY. Net income was $32m, up 33%, and adjusted EBITDA reached $112m, up 23%. The company raised full-year guidance ranges for revenue and EBITDA due to strong results.

Enlight’s portfolio consists of 20.4 GW of generation capacity and 58.1 GWh of energy storage. Safe harbor status was achieved for US projects, with an additional 3.3 GW expected to qualify by July 2026. The portfolio is expected to generate $1.6bn in revenue by 2028.

Project finance secured includes $1.4bn for the Snowflake A project and $470m for Roadrunner and Quail Ranch. Cash and cash equivalents totaled $387m, with $525m in credit facilities available. Full-year revenues are expected to range between $555m and $565m, with 90% of electricity volumes sold under fixed prices.

In Q3 of 2025, Enlight’s revenues and income increased to $165m, with net income of $32m. Adjusted EBITDA reached $112m, a 23% increase YoY. The growth was driven by the contribution of newly operational projects, with revenue distribution across MENA (27%), Europe (47%), and the US (26%).

Debentures covenants were met as of September 30, 2025, with equity at $1.96bn and a net financial debt to EBITDA ratio of 6. Standalone equity to total balance sheet ratio was 58%. Compliance was maintained with all financial covenants for the Series C, D, F, G, and H Debentures, ensuring financial stability and strength.

Read more at GlobeNewswire: Enlight Renewable Energy Reports Third Quarter 2025