Business
Enlight Secures Nearly $340 Million in Tax Equity Partnerships for Roadrunner Solar and Energy Storage Project
Roadrunner signs two separate tax equity partnerships: J.P. Morgan for solar, and M&T Bank together with First Citizens Bank, for energy storage Roadrunner, a 290 MW solar and 940 MWh storage project in Arizona, has initiated production of test energy and is expected to reach full COD by the end of 2025 Enlight strengthens its U.S. growth strategy, collaborating with new financing partners to support a robust project pipeline across leading power markets TEL AVIV, Israel, Sept. 29, 2025 (GLOBE N
About this update from Enlight Renewable Energy Ltd
[{"type":"image","alt":"Enlight Renewable Energy Ltd.","displaySize":"","headline":null,"caption":"Enlight Renewable Energy Ltd.","className":"","disableSlideshowImg":false,"size":{"original":{"width":120,"height":39,"url":"https://media.zenfs.com/en/globenewswire.com/5c5d08373f5c3be43c1567e4e15f2a28"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/eEV76vKY8pyf_y9dIvfFrA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTY4O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/5c5d08373f5c3be43c1567e4e15f2a28","width":120,"height":39}},"lazy":false},{"type":"text","content":"Roadrunner signs two separate tax equity partnerships: J.P. Morgan for solar, and M&T Bank together with First Citizens Bank, for energy storage","length":148,"tagName":"p"},{"type":"text","content":"Roadrunner, a 290 MW solar and 940 MWh storage project in Arizona, has initiated production of test energy and is expected to reach full COD by the end of 2025","length":159,"tagName":"p"},{"type":"text","content":"Enlight strengthens its U.S. growth strategy, collaborating with new financing partners to support a robust project pipeline across leading power markets","length":153,"tagName":"p"},{"type":"text","content":"TEL AVIV, Israel, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (TASE&NASDAQ: ENLT), a leading global renewable energy company, announced today that its U.S. subsidiary Clēnera Holdings has closed two tax equity partnership agreements for the Roadrunner Solar and Energy Storage Project, located near Tucson, Arizona.","length":335,"tagName":"p"},{"type":"text","content":"The first agreement, with J.P. Morgan Chase Bank, N.A. (“J.P. Morgan”), covers the project’s 290 MW solar component and includes a tax equity contribution at COD, along with additional pay-go payments over the first 10 years of operation. The second agreement, with M&T Bank and First Citizens Bank, provides tax equity financing for the 940 MWh storage component at COD. Together, the two partnerships represent approximately $340 million in tax equity commitments at COD, expected to increase to nearly $390 million when including pay-go contributions. These transactions underscore the strength and quality of the Roadrunner project.","length":640,"tagName":"p"},{"type":"text","content":"The Roadrunner project, a state-of-the-art co-located solar and energy storage project, involves a total in...