Kenon Holdings reports OPC Q3 net profit up 200%
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Kenon Holdings reports a significant increase in OPC's Q3 net profit, up 200% to $69 million from $23 million in Q3 2024. Revenue increased by $28 million, and adjusted EBITDA rose to $156 million from $108 million. Key drivers include increased infrastructure tariffs in Israel, expanded U.S. retail electricity activities, and increased ownership stakes in associated companies. Kenon did not provide specific future financial guidance.
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