
Enlight Renewable Energy Ltd. Ordinary Shares (ENLT)
Enlight Renewable Energy Ltd. is an Israel-based renewable energy company focused on the development, construction, and operation of solar, wind, and other renewable energy projects. The company aims to create sustainable energy solutions across multiple markets, emphasizing environmentally friendly power generation and innovative renewable technologies.
Company News
India is projected to become the world's third-largest economy by 2030, driven by strong economic growth, digital transformation, electric vehicle adoption, and renewable energy expansion.
Enlight Renewable Energy announced the sale of a 44% stake in a partnership holding a cluster of its renewable energy projects to Harel Insurance Investments & Financial Services and Amitim Senior Pension Funds for $50 million. The transaction values the cluster at $114 million and will result in a $94 million profit for Enlight.
After beating quarterly earnings estimates on Monday, here are three stocks to consider as these companies look poised to take market share in their respective industries.