SAFE-T. NASDAQ IPO – $7.3M raised strengthens equity structure; significant growth in revenues and backlog offset by a substantially increased burn rate due to operational and technological expansion; valuation retained, however due to additional shares, target price decreased to NIS 3.85.
Enlight Renewable Energy. Increase in revenue from electricity sales in H1-2018 due to full commercial operation in Ireland and in Croatia; Housing Cabinet approval for the Bereshit Project received; Acquisition of rights to a wind energy project in Spain; All other projects are progressing as scheduled; In light of the company meeting our expectations stock target price remains unchanged.
Enlight Renewable Energy Ltd.: Purchase price/Kw for major project at Emek HaBacha conditional approved by the Electricity Authority; approved Growth in revenues from sales of electricity in Q1-2018; full commercial operation in Ireland and Croatia; progress made on wind farm in Kosovo; stock target price increased to 2.41.
Enlight Renewable Energy Ltd. is an Israeli company founded in 2008, and is publically traded on the Tel Aviv Stock Exchange. The company specializes in