Enlight Renewable Energy (Enlight), a global renewable energy platform, announced the pricing of its initial public offering of 14,000,000 ordinary shares at a price to the public of $18.00 per share.
In addition, Enlight has granted the underwriters a 30-day option to purchase up to an additional 2,100,000 ordinary shares at the initial public offering price, less underwriting discounts and commissions.
The ordinary shares are expected to begin trading on the Nasdaq Global Select Market on Friday, February 10, 2023 under the ticker symbol ENLT. Enlight’s ordinary shares currently trade on the Tel Aviv Stock Exchange under the symbol ENLT. The offering is expected to close on February 14, 2023, subject to the satisfaction of customary closing conditions.
J.P. Morgan, BofA Securities and Barclays are acting as lead book-running managers for the offering. Credit Suisse, Wolfe Nomura Alliance and HSBC are acting as book-running managers, and Roth Capital Partners is acting as co-manager for the offering.
