Enlight Renewable Energyאנלייט אנרגיה מתחדשת

Head office: 13 Amal St., Rosh Ha’ayin 4802949, Israel Tel.: +972-3-9008700 www.enlightenergy.co.il



A publicly traded Israeli company specializing in the development, construction and operation of renewable energy projects.

The company has several renewable energy projects in the occupied Syrian Golan in various stages of development.

The company holds a 51% stake in Perot Hagolan, a 1.5MW solar project located in the Golan and generating 1.4 million NIS in annual revenues.

Additionally, the company is currently developing two large wind energy projects in the Syrian Golan, Emek Habacha and Ruach Beresheet, with total capacity of 96MW and 130MW and ultimate holdings of 36% and 60% respectively.

In June 2018, Emek Habacha project received conditional approval for feed-in tariffs from the Israel Electric Company (IEC). With the agreed upon tariff, the project is expected to generate 100-110 million NIS annually for a period of 20 years. The following month, the project reached financial close with the signing of a non-recourse financing agreement with a consortium led by Hapoalim Bank.

In July 2018, the Israeli National Committee for Planning and Construction of National Infrastructures approved the Beresheet wind farm plan. Its final approval by the Housing Cabinet is still pending. Ruach Beresheet entails the construction of 42 wind turbines in the Tel Peres area in the southeastern Golan. The project site is located in the jurisdiction of the settlements of Avnei Eitan, Kanaf, Yonatan, Mevo Hama, Ramat Magshimim and Alonei Habashan. The settlements have the option of joining as partners with minority holdings.



Ownership

Major shareholders: Psagot Investment House (10.58%), Phoenix Insurance Company (9.41%), Noked Capital (8.11%) Harel Insurance Investments and Financial Services (7.62%), Clal Insurance Enterprises Holdings Ltd (6.8%), Migdal (5.13%)

CEO: Gilad Yavetz


Subsidiaries

Wholly-owned subsidiaries: Enlight Eshkol Havazelet, Tlamim Enlight, Talmey Bilu Green Energies Ltd, Eshkol Ella Kramim-Enlight L.P, Eshkol Brosh -Idan-Enlight L.P, Eshkol Zait – Zait Yarok – Enlight , L.P, Sde Nehemia-Enlight L.P

Partially-owned subsidiaries: Eshkol Havazelet – Halutzyut Enlight L.P, (79.49%) Mivtahim Green Energies (51%), Golan Fruits – Enlight L.P (51%), Eshkol Gefen-Barbur-Enlight L.P (51%), Kinetic Energies – Alternative Electrical Energies Ltd (60.09%), Emek Habacha. Wind Energy Ltd (36.54%), Orsol Energy 3 (90%), Tullynamoyle Wind Farm 3 Limited (Ireland) (50.1%), Vjetroelektrana Lukovac D.O.O (Croatia) (50.1%), Ew-K-Wind D.O.O (Serbia) (50.1%)


Partners

Israel Electric Company (IEC)

All the information contained in this page is valid until Wed 21/11/2018