Enlight Renewable Energy Secures Key Agreements and Advances Construction at 1.2 GW CO Bar Solar-Storage Complex in Arizona
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The latest update is out from Enlight Renewable Energy ( (IL:ENLT) ).
Enlight Renewable Energy announced it has achieved key development milestones at its CO Bar complex in Arizona, a five-project solar and energy storage development totaling about 1.2 GW of solar capacity and 4.0 GWh of storage. As of December 30, 2025, the company has entered into a 1 GW AC Large Generator Interconnection Agreement for the entire complex, fully mobilized construction at CO Bar 1 and 2, and signed 20‑year busbar Energy Storage Agreements with Salt River Project for CO Bar 4 and 5, complementing previously secured site control, permits, and power purchase and storage agreements for CO Bar 1‑3. With all major commercial and regulatory agreements now in place, Enlight expects total investment in the complex of approximately $2.86–$3.01 billion (net investment of $1.55–$1.63 billion) and anticipates the portfolio will generate $264–$278 million in revenue in its first full year of operation, positioning the company as a major utility‑scale solar and storage player in the U.S. Southwest as construction ramps up across all five projects over the next 12 months.
The most recent analyst rating on (IL:ENLT) stock is a Buy with a ILs19443.00 price target. To see the full list of analyst forecasts on Enlight Renewable Energy stock, see the IL:ENLT Stock Forecast page.
More about Enlight Renewable Energy
Enlight Renewable Energy Ltd. is an Israel-based renewable energy developer and operator focused on large-scale solar and energy storage projects. The company develops, finances and operates utility-scale power facilities, with a growing presence in the U.S. market, including Arizona, where it is building integrated solar generation and battery storage complexes to serve major utilities.
YTD Price Performance: 17.40%
Average Trading Volume: 382,100
Technical Sentiment Signal: Buy
Current Market Cap: ILs23.26B
For a thorough assessment of ENLT stock, go to TipRanks’ Stock Analysis page.
