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OPC Energy Announces Record Full Year 2025 Financial Results; Uniquely Positioned to Capitalize on Market and Regulatory Tailwinds in the U.S. and Israel
OPC Energy Ltd. (TASE: OPCE), a leading Independent Power Producer (IPP) operating in Israel and the United States that provides reliable and efficient electricity through a diversified mix of natural gas and renewable energy, today announced financial results for the fourth quarter and full year ended December 31, 2025.
About this update from Opc Energy Ltd.
TEL AVIV, Israel , March 12, 2026 /PRNewswire/ -- OPC Energy Ltd. (TASE: OPCE), a leading Independent Power Producer (IPP) operating in Israel and the United States that provides reliable and efficient electricity through a diversified mix of natural gas and renewable energy, today announced financial results for the fourth quarter and full year ended December 31, 2025. Full Year 2025 Highlights "We are concluding 2025 with exceptionally strong financial performance, driven by extremely high U.S. electricity demand, structural electrification across transportation, industrials, and real estate, and notably accelerating data center demand for AI applications. We expect significant continued growth in electricity demand, particularly in our key markets PJM and ERCOT," said Giora Almogy, CEO of OPC Energy. "During the year, we strategically strengthened our U.S. platform by building new power plants and increasing ownership in our natural gas assets. We reached full ownership of three new power plants with a total capacity of 2.8 GW. We acquired the partner share (11%) of the 725 MW Shore power plant in PJM. In addition, we signed an agreement to acquire the remaining interest (25%) in the 745 MW Maryland power plant in PJM and recently acquired our partner's share (30%) in the 1.4 GW flagship Basin Ranch project, operating in the ERCOT electricity market in Texas. The financial close for Basin Ranch was completed with construction costs of about $1.8-2.0 billion. Basin Ranch is the largest project to receive financing from the TEF fund of the state of Texas, totaling approximately $1.1 billion. This financing supports the construction of new power plants to meet growing electricity demand by offering loans at a fixed interest rate of 3% for a term of approximately 20 years. In addition, we signed another financing agreement with Bank Leumi to increase the total amount of the loan to approximately $430 million. This agreement serves as a strong platform to expand our future collaboration with Bank Leumi when it comes to the financing of our U.S. operations. "We continue to advance our substantial U.S. project pipeline, with a focus on both natural gas and renewable energy development. The results of the latest PJM capacity auction highlighted a significant shortfall in generation capacity required to maintain grid reliability. In response, PJM plans to conduct a Reliability Backstop Auction for new generation offering capacity visibility of up to 15 years, expected by September 2026. Our proven track record in developing and constructing power plants, combined with sustained investment in gas asset development and long-standing partnerships with leading equipment manufacturers and EPC contractors, provides us with a distinct competitive advantage and positions us to capitalize on meaningful new investment opportunities, led by PJM's flagship Shay project in West Virginia, which is being expanded to 2.1 GW." "In Israel, we continue to develop the projects in Ramat Beka (550 MW, 3,850 MWh storage) and Hadera 2 (850 MW CCGT), targeting investment decisions and commencement of construction by the end of 2026." "In 2025 we raised equity of approximately ILS 2.1 billion (~$611 million) from leading Israeli institutional investors to ensure sustainable growth and strengthen our financial position. We thank our investors for their continued trust and remain committed to creating long-term value." Giora Almogy concluded, "Our diversified asset base, expanding project pipeline, and disciplined capital allocation position OPC Energy to capitalize on significant growth opportunities across our core markets." Financial Highlights *For definitions of the financial parameters, please refer to the Company's Board of Directors' Report for 2025. Fourth Quarter 2025 Full Year 2025 Financial Highlights Capital Raises in 2025: Recent Business Highlights Conference Call Details: On March 12, 2026, at 2:30 p.m. Israel time and 08:30 a.m. EST, Giora Almogy, Chief Executive Officer, and Ana Bernstein Shvartsman, Chief Financial Officer will hold an investor call in English to review the financial results in more detail. The conference call may be accessed via the following link: https://www.veidan-conferencing.com/opcen Following the investor conference and conference call, the recordings will become available on the Company's website at: http://www.opc-energy.com/en The investor conference and the conference call are not a substitute for the review of the full annual report, including forward-looking information and the risks associated with the Company's activities, as included in the report in accordance with the Israeli Securities Law, 5728-1968. About OPC Energy OPC Energy Ltd. (TASE: OPCE) is a leading energy company operating in the Energy Transition space in Israel and the U.S. and provides electricity in an efficient, reliable and environmentally friendly manner while combining highly efficient natural gas with solar, wind and storage. In Israel, OPC is the first and leading private electricity producer, offering its customers an integrated solution by supplying all energy needs through the company's production sites and in the customer's yard. OPC continues to expand its generation portfolio and customer base in Israel, advancing a growing pipeline of renewable and dispatchable projects to support the evolving needs of the Israeli electricity market. In the U.S., the company operates through the CPV Group, which has over 25 years of success in the development and operation of highly efficient, low emission electric generation and renewable projects. CPV is focused on leveraging its extensive experience to advance its current portfolio of over 11 GW of renewable and dispatchable generation projects. For more information, please visit: www.opc-energy.com/en Investor Relations Contact: Miri Segal MS-IR LLC [email protected] Logo: https://mma.prnewswire.com/media/2918125/OPC_Energy_Logo.jpg View original content: https://www.prnewswire.com/news-releases/opc-energy-announces-record-full-year-2025-financial-results-uniquely-positioned-to-capitalize-on-market-and-regulatory-tailwinds-in-the-us-and-israel-302712224.html