Enlight places shares on Nasdaq
Post date: 14/02/2023 - 15:50
Israeli project developer Enlight Renewable Energy Ltd, listed on the Tel Aviv Stock Exchange since 2010, placed 14 million shares on the New York Stock Exchange (Nasdaq) on Friday (Feb. 10). The offering had been announced on Feb. 6, with an issue price of $ 18. The stock started the day of the offering slightly below that price at $ 17.90, closing at $ 17.75. The company raised about $ 252 million. According to Nasdaq data, Enlight has a market capitalization (as of Friday's close) of about $ 1.8 billion.
The company is active in the development, financing and operation of solar, wind and storage power plants in Israel, the U.S. and nine European countries.