Enlight Renewable Energy Starts Operations at Pupin Wind Farm

TL;DR

Enlight Renewable Energy just fired up its Pupin wind farm in Serbia. 16 turbines online!

AI Summary

Enlight Renewable Energy Ltd. announced on December 10, 2024, the initial commencement of commercial operations at its Pupin wind farm in Serbia. The project features 16 wind turbines.

Why It Matters

This marks a significant step in Enlight's expansion into new markets and contributes to its renewable energy generation capacity.

Risk Assessment

Risk Level: low — This is a routine operational update with no immediate financial or strategic risks indicated.

Key Numbers

• 16 — Wind Turbines (Number of turbines operational at the Pupin wind farm.)

Key Players & Entities

• Enlight Renewable Energy Ltd. (company) — Registrant and operator of the wind farm
• Pupin (company) — Name of the wind farm project
• Serbia (location) — Country where the wind farm is located
• 16 (dollar_amount) — Number of wind turbines at the Pupin project

FAQ

Key Financial Figures

• $155 — construction cost is expected to reach $155-160 1 million. Revenues in its first fu
• $22 — ration are expected to be approximately $22-23 million, and EBITDA is expected to b
• $16 — EBITDA is expected to be approximately $16-17 million. Enlight has so far provided
• $52 — 17 million. Enlight has so far provided $52-54 million of long-term equity for the

Filing Documents

• zk2432446.htm (6-K) — 26KB
• exhibit_99-1.htm (EX-99.1) — 20KB
• 0001178913-24-003960.txt ( ) — 47KB

financial statements

financial statements. Other than as indicated below, the information in this Form 6-K (including Exhibit 99.1) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. Except for the non-IFRS financial measures contained therein, this Form 6-K (including Exhibit 99.1) is hereby incorporated by reference into the Company's Registration Statement on Form S-8 (File No. 333-271297). Non-IFRS Financial Measures This Form 6-K presents EBITDA, a financial metric, which is not calculated in accordance with the International Financial Reporting Standards as issued by the International Accounting Standards Board ("IFRS"). Enlight is unable to provide a reconciliation of EBITDA to Net Income on a forward-looking basis without unreasonable effort because items that impact this non-IFRS financial measure are not within the Company's control and/or cannot be reasonably predicted. These items may include, but are not limited to, forward-looking depreciation and amortization, finance income, finance expenses, share of losses of equity accounted investees and taxes on income. Such information may have a significant, and potentially unpredictable, impact on Enlight's future financial results. Non-IFRS financial measures have limitations as analytical tools and should not be considered in isolation or as substitutes for financial information presented under IFRS. There are a number of limitations related to the use of non-IFRS financial measures versus comparable financial measures determined under IFRS. These limitations could reduce the usefulness of our non-IFRS financial measures as analytical tools. Special Note Regarding Forward-Looking Statements This report on Form 6-K contains forward-looking statements within the mean

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Enlight Renewable Energy Ltd. Date: December 10, 2024 By: /s/ Nir Yehuda Nir Yehuda Chief Financial Officer

View Full Filing

View this 6-K filing on SEC EDGAR