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Enlight Renewable Energy Ltd. (ENLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Enlight Renewable Energy Ltd. (NASDAQ:ENLT) reported first-quarter results on Tuesday that significantly exceeded analyst expectations, lifting its shares by 5.
Enlight Renewable Energy extended a powerful stock run Monday after the company announced $304 million in financing for a solar power project in Idaho. The Crimson Orchard project is a solar power and energy storage plant that will provide 120 megawatts of energy and 400 megawatt-hours of storage capacity. Israel-based Enlight said HSBC, ING Capital, KeyBanc Capital Markets and MUFG Bank are providing the latest round of financing.
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