Energix-Renewable Energies Ltd.
5.86
USD
-0.67
(-10.26%)
Energix-Renewable Energies Ltd.
OTC:ENREF
(OTC Markets)
Recent
price
5.86
P/E
ratio
40.13
div
yld
2.33%
ROIC.AI
Capital Structure
ILS
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in mil. unless spec.Working Capital
ILS
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in mil. unless spec.Growth Rates
ILS
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Energix - Renewable Energies Ltd is a vertically integrated global renewable energy company primarily engaged in the development, construction, ownership, and operation of solar photovoltaic (PV), wind, and energy storage projects. Founded in Israel, where it is headquartered, Energix operates commercially in Israel, the United States, Poland, and Lithuania, managing the full project lifecycle from development to grid connection and operation. The company’s core products and services include utility-scale solar and wind power generation capacities, as well as energy storage solutions, with a current operational portfolio of approximately 1.35 GW connected capacity and an additional 650 MW under construction. Energix also holds a robust pipeline of projects exceeding 6.5 GW in various stages of development and over 11 GWh of energy storage capacity. Its business segments include renewable energy project development, construction, asset management, and power sales. The company targets markets focused on clean energy transition with customers including utilities and commercial entities across its operational geographies. Recent major changes include a strategic acquisition in Lithuania, expanding its wind and solar project footprint in the Baltic region with a combined project capacity of nearly 470 MW, aligning with its goal to grow capacity to 4 GW by the end of 2026. Additionally, Energix has developed strong partnerships, notably with First Solar, securing access to U.S.-made solar panels to enhance competitive advantages in its U.S. and international markets. In 2024 and 2025, Energix actively expanded its project pipeline through acquisitions and development, and by the end of 2025, it aims to connect approximately 2 GW of renewable capacity, marking a 50% increase over 2024. The company's strategic plan includes doubling operational capacity through new projects and acquisitions, with significant construction underway in the U.S., Lithuania, Poland, and Israel. It has also entered into strategic renewable energy agreements to supply power and renewable energy credits to large tech companies, enhancing its revenue streams and market positioning. Energix emphasizes sustainability through environmental, social, and governance (ESG) initiatives integrated throughout its operations. Energix is publicly traded on the Tel Aviv Stock Exchange under the ticker ENRG.TA. Its operational strategy focuses on long-term stability, disciplined market entry, and leveraging strategic partnerships to advance its renewable energy portfolio globally. The company pursues a triple-win approach aiming to create value for the environment, communities, and shareholders, while positioning itself as a breakthrough green utility committed to sustainable energy futures worldwide. This comprehensive approach places Energix among the leading renewable energy producers in Israel and a rapidly expanding player in international renewable markets. Its latest strategic moves, including the acquisition of large projects in Lithuania and a framework agreement with First Solar, signal an aggressive growth strategy targeting renewables and energy storage capacity milestones through 2026 and beyond.