ECNR
Live News • Jul 02
Econergy Invests 165 Million Euros to Boost UK Renewable Energy Stake to 79.3% Econergy has invested €165m into its UK unit, increasing its ownership stake to 79.3% as it focuses on utility-scale solar, wind and battery storage projects in that market.
The move concentrates more of Econergy’s capital and control in the UK renewable segment, which may affect future cash flow patterns, project risk and funding needs across the wider group.
Econergy’s share price is ₪69.80, with the stock up 48.5% year to date, indicating that recent trading has been strong over 2026 so far.
Greater exposure to one geography and business line means Econergy’s future performance will depend more heavily on how its UK assets are developed, operated and financed. Investors may want to track execution on these projects and any updates on returns from the expanded portfolio. Announcement • May 29
Econergy Ltd announced that it expects to receive ILS 549.99996 million in funding from Migdal Insurance and Financial Holdings Ltd., Mor Investment house, Meitav Investment House Ltd, Harel Insurance Investments & Financial Services Ltd and other investors. Econergy Ltd has announced a private placement to issue 9,166,666 ordinary shares at a price of ILS 60 per share for the gross proceeds of ILS 549,999,960 on May 27, 2026. The transaction involves new investor participation of group of Israel’s most prominent institutional investors, including entities from Harel Insurance Investments & Financial Services Ltd, Meitav Investment House Ltd. and returning investor from Migdal Insurance and Financial Holdings Ltd, Mor Investment house. The transaction has obtained approval from Board of Directors. The placement is subject to approval of the Tel Aviv Stock Exchange for the listing of the new shares. The placement shares are subject to a statutory six-month lock-up followed by a six-quarter dribble-out period in accordance with Section 15C of the Israeli Securities Law. Announcement • May 28
Econergy Ltd, Annual General Meeting, Jul 01, 2026 Econergy Ltd, Annual General Meeting, Jul 01, 2026. Location: co. offices, Israel