Enlight Renewable Raises 2025 Forecast Following Strong H1 Results

Enlight Renewable has upgraded its 2025 forecast after reporting strong H1 results. The company's revenue and adjusted EBITDA are expected to exceed previous forecasts, driven by the growth of its solar and wind businesses. Enlight Renewable's strong performance is attributed to the increasing demand for renewable energy and its ability to execute on its growth strategy. The company's upgraded forecast reflects its confidence in the renewable energy sector and its position as a leading player in the industry.

Enlight Renewable Energy (NASDAQ: ENLT) has reported strong first-half (H1) 2025 financial results, leading the company to upgrade its full-year revenue and adjusted EBITDA guidance. The upgrade reflects the company's robust performance, driven by the growth of its solar and wind businesses, and its ability to capitalize on the increasing demand for renewable energy.

Key financial highlights for the six months ending June 30, 2025, include a 46% year-over-year (YoY) increase in revenue to $265 million and a 216% YoY increase in net income to $107 million. Adjusted EBITDA also saw a 71% YoY increase to $227 million. The company's cash flow from operations remained unchanged at $91 million. For the second quarter (Q2) 2025, revenue grew by 53% to $135 million, while net income decreased by 41% to $6 million, primarily due to foreign exchange impacts.

Enlight Renewable's portfolio, which includes 20.0 GW of generation capacity and 53.4 GWh of energy storage, has seen substantial advancements, with the total portfolio increasing by 17% from the end of 2024. The company's mature portfolio, which includes operating projects and projects under construction, has grown by 7% to 9.2 FGW (floating gigawatts) from 8.6 FGW at the end of 2024.

The company's upgraded full-year 2025 guidance reflects its confidence in the renewable energy sector. Revenue guidance has been increased to a range of $520-535 million from a previous range of $490-510 million. Adjusted EBITDA guidance has been raised to $385-400 million from $360-380 million.

Executive leadership changes have been announced, with Adi Leviatan set to become CEO in October, succeeding Gilad Yavetz, who will serve as executive chairman of the board. Yair Seroussi will serve as vice chairman of the board.

Enlight Renewable's strong performance is attributed to the increasing demand for renewable energy and its ability to execute on its growth strategy. The company's upgraded forecast reflects its confidence in the renewable energy sector and its position as a leading player in the industry.

References:
[1] https://www.quiverquant.com/news/Enlight+Renewable+Energy+Reports+Strong+Q2+2025+Financial+Results+and+Raises+Full+Year+Guidance