Enlight Renewable Energy Wins $1.1 Billion Tender to Develop Data Center, Renewable Energy Complex in Israel

, MT Newswires -  7:41 AM ET 3/28/2025 default

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07:41 AM EDT, 03/28/2025 (MT Newswires) -- Enlight Renewable Energy ( ENLT ) said Friday that it won an Israel Land Authority tender to develop an integrated data center and renewable energy complex on a 50-acre site in Ashalim, southern Israel.

The company said it plans to invest up to $1.1 billion in the project, which includes a solar generation and energy storage system to meet part of the data center's electricity demand and reduce operating costs.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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