Enlight Renewable Energy Raises NIS 1.015 Billion in Israeli Series G Notes Tender
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Enlight Renewable Energy announced a public tender in Israel, raising NIS 1.015 billion (approximately $349 million) through the issuance of 976,176,000 Series G notes. Priced at NIS 1,040 per note, the offering was fully subscribed by Israeli institutional investors. The proceeds will be used for growth initiatives, including new projects and debt refinancing. The notes mature on September 1, 2033, and are not registered for sale in the U.S. The current analyst rating for Enlight Renewable Energy stock is a Sell with a price target of ILs68.00.
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