OPC Energy Q1 FY26 adjusted net profit climbs 18% to $33 million; EBITDA rises 10% to $124 million
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- OPC Energy posted first-quarter EBITDA after proportionate consolidation up 10% year over year to USD 124 million, while net income fell 44% to USD 14 million.
- Israel EBITDA climbed 16% to USD 44 million, while U.S. EBITDA after proportionate consolidation rose 8% to USD 83 million.
- Adjusted net profit increased 18% to USD 33 million, while FFO turned to a loss of USD 21 million from a gain a year earlier.
- OPC expects to reach final investment decisions by end-2Q 2026 for the 850 MW Hadera Expansion project and the 550 MW Ramat Beka project, which includes 3,850 MWh of energy storage.
- In the U.S., the natural-gas development pipeline expanded to about 8.7 GW, while the 2.1 GW Shay project in PJM is advancing with an interconnection agreement expected in early 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OPC Energy Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605200737PR_NEWS_USPR_____LN64064) on May 20, 2026, and is solely responsible for the information contained therein.
