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Enlight Renewable Energy Reports Fourth Quarter and Full Year 2024 Financial Results


Published on 2025-02-19 07:21:01 - manilatimes
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  • Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the fourth quarter and full year ending December 31, 2024. The Company's earnings conference call and webcast will be held today at 8:00 AM ET.

Enlight Renewable Energy, a renewable energy platform, announced its financial results for the fourth quarter and full year of 2024. The company reported a significant increase in revenue, driven by the expansion of its operational capacity and the successful integration of new projects. Key highlights include a 30% year-over-year growth in electricity generation, attributed to new solar and wind projects coming online. Enlight also achieved a notable reduction in operating costs due to efficiencies in project management and technology advancements. The company's strategic focus on both development and acquisition of renewable energy assets has positioned it well for future growth, with a robust project pipeline expected to further enhance its market presence. Additionally, Enlight emphasized its commitment to sustainability, detailing initiatives aimed at reducing carbon footprints and enhancing community engagement around its project sites.

Read the Full manilatimes Article at:
[ https://www.manilatimes.net/2025/02/19/tmt-newswire/globenewswire/enlight-renewable-energy-reports-fourth-quarter-and-full-year-2024-financial-results/2058375 ]
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