Enlight raises $2.6 billion for CO Bar solar and BESS complex, reaches financial close
Summary
Enlight secured about $2.6 billion in debt financing for its CO Bar solar and battery storage complex in Arizona. The project will deliver 1.2 GW of solar capacity and 4 GWh of storage across five phases. Construction is already underway on the first three phases, and the company expects the first phase to reach commercial operation in the second half of 2027. Enlight also has multiple long-term offtake agreements in place, which support revenue certainty for the project.
Funding
Amount
$2.6B
Total raised
Date
June 30, 2026
Announcement date
Investors
Wells Fargo Securities, BNP Paribas Securities Services, MUFG Bank, Societe Generale
Lead investors
Company
enlightenergy.co.il
Funded company
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