Enlight Renewable Energy ($ENLT) Signs Deal to Supply 100% Solar Energy to Amdocs New Facility

Green Stock News

Enlight Renewable Energy (NASDAQ: ENLT), a leading solar energy provider, has signed a power purchase agreement (PPA) with Amdocs to supply 100% green energy to Amdocs' new office campus in Israel.

The vast campus, spanning dozens of acres, will be powered entirely by green energy sourced from Enlight's solar and storage facilities in Israel. This marks Enlight's first corporate PPA under the new market regulation in Israel, enabling direct power purchase agreements between green power producers and large electricity consumers like Amdocs.

The new Amdocs facility, in addition to being powered entirely by renewable sources, is set to achieve LEED GOLD certification. This certification will optimize energy and water usage, resulting in a reduced environmental impact during both the construction and operation of the campus.

Gilad Yavetz, Co-Founder and CEO of Enlight Renewable Energy stated: “We have entered a new era in Israel of solar generation, storage, and electricity supply through corporate power purchase agreements to large customers. This is the first milestone in a series of similar PPAs which are currently under negotiation.”

Founded in 2008, Enlight develops, finances, owns, and operates utility-scale renewable energy projects, across the three largest renewable segments today: solar, wind and energy storage.

Shares of Enlight Renewable Energy trade on the NASDAQ under the ticker symbol ENLT. For more information visit www.greenstocknews.com