Kenon Holdings Ltd. reported its financial results for the third quarter (Q3) of 2025. Revenue at its main subsidiary, OPC Energy Ltd., reached USD 265 million for Q3 2025. OPC's net profit for the period totaled USD 69 million. Revenue from private customers in Israel for infrastructure services increased by USD 17 million in Q3 2025, driven primarily by a 40 percent increase in average tariffs. Revenue from capacity payments in Israel rose by USD 1 million, mainly due to an increase in availability at the Gat power plant. In November 2025, Kenon Holdings Ltd. sold a small portion of its OPC shares for gross proceeds of approximately USD 100 million. In October 2025, OPC announced the financial closing and start of construction of the Basin Ranch Project, a gas-fired power plant in Texas with an estimated 1.35 GW capacity, and that CPV had agreed to acquire the remaining 30 percent interest in the Basin Ranch Project and the remaining 11 percent interest in CPV Shore.
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. Kenon Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-003992), on December 03, 2025, and is solely responsible for the information contained therein.
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