Kenon Holdings Ltd. Files 6-K, Subsidiary OPC Energy Reports Q1 2024
Ticker: KEN · Form: 6-K · Filed: May 21, 2024 · CIK: 1611005
| Field | Detail |
|---|---|
| Company | Kenon Holdings LTD. (KEN) |
| Form Type | 6-K |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $300 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: subsidiary-report, periodic-filing, financial-results
Related Tickers: KEN
TL;DR
Kenon Holdings (KEN) subsidiary OPC Energy filed its Q1 2024 report, check exhibits 99.1/99.2 for details.
AI Summary
Kenon Holdings Ltd. filed a Form 6-K on May 21, 2024, reporting on its subsidiary OPC Energy Ltd.'s performance for the three-month period ended March 31, 2024. The filing incorporates by reference exhibits 99.1 and 99.2 into its existing registration statements.
Why It Matters
This filing provides an update on the financial performance of Kenon Holdings' subsidiary, OPC Energy Ltd., which is crucial for investors to assess the overall health and prospects of the parent company.
Risk Assessment
Risk Level: low — This is a routine periodic filing by a subsidiary, not indicating any immediate or significant new risks.
Key Players & Entities
- Kenon Holdings Ltd. (company) — Filer of the 6-K report
- OPC Energy Ltd. (company) — Subsidiary reporting its financial results
- May 21, 2024 (date) — Date of the filing
- March 31, 2024 (date) — End of the reporting period for OPC Energy Ltd.
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose is to report on the periodic results of Kenon Holdings Ltd.'s subsidiary, OPC Energy Ltd., for the three-month period ended March 31, 2024.
Which subsidiary's report is being filed?
The report pertains to OPC Energy Ltd.
What period does OPC Energy Ltd.'s report cover?
OPC Energy Ltd.'s report covers the three-month period ended March 31, 2024.
Are there any specific exhibits mentioned in the filing?
Yes, Exhibits 99.1 and 99.2 are mentioned and incorporated by reference.
Where is Kenon Holdings Ltd. headquartered?
Kenon Holdings Ltd. is headquartered in Singapore at 1 Temasek Avenue #37-02B Millenia Tower.
Filing Stats: 1,075 words · 4 min read · ~4 pages · Grade level 14.9 · Accepted 2024-05-21 06:01:42
Key Financial Figures
- $300 million — non-binding memorandum of investment of $300 million in CPV Renewable and other non-historic
Filing Documents
- zk2431480.htm (6-K) — 23KB
- exhibit_99-1.htm (EX-99.1) — 1784KB
- exhibit_99-2.htm (EX-99.2) — 3397KB
- image0.jpg (GRAPHIC) — 22KB
- image00001.jpg (GRAPHIC) — 33KB
- image1.jpg (GRAPHIC) — 53KB
- image2.jpg (GRAPHIC) — 129KB
- image3.jpg (GRAPHIC) — 76KB
- image4.jpg (GRAPHIC) — 152KB
- image5.jpg (GRAPHIC) — 133KB
- image6.jpg (GRAPHIC) — 109KB
- image00007.jpg (GRAPHIC) — 32KB
- 0001178913-24-001797.txt ( ) — 6223KB
Forward Looking Statements
Forward Looking Statements This Report on Form 6-K, including the exhibits hereto, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements with respect to OPC's plans, goals and strategy, tariffs in Israel including the expected impact on OPC, gas supply including cost and the impact of changes in gas prices and the impact of seasonality, statements about margins, the war that broke out in Israel on October 7, 2023 (the "War") including the potential impact of the War on OPC, the macroeconomic environment including currency exchange rates, CPI and inflation, OPC's and CPV's projects under construction and in early or preliminary or advanced stages of development, including expected start of construction and completion or commercial operation dates, estimated cost and investment in projects including tax equity partner investments, and characteristics (e.g., capacity and technology) and stage of development of such projects, including regulatory clearances and approvals for projects, CPV's development pipeline and backlog and projects including the description of projects in various stages of developments and expectations about these projects, including expected revenue, EBITDA and cash flows for the first calendar year of a project, statements with respect to new tenders, industry and regulatory developments in Israel and the U.S. and expected benefits to OPC and CPV and the expected interpretation and impact of regulations on OPC and its subsidiaries, expected timing and impact of maintenance, renovation and construction work on OPC's power plants, new accounting standards and the expected impact on OPC's results, the proposed grant of supply license to OPC-Rotem, CPV's margins and hedging activities and capacity tariffs including the scope of CPV's hedging for 2024 and 2025 and the scope of CPV's secured capacity revenues for 2024 and 2025, OPC's debt and liquidity, activi
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. KENON HOLDINGS LTD. Date: May 21, 2024 By: /s/ Robert L. Rosen Name: Robert L. Rosen Title: Chief Executive Officer 4