Enlight Renewable Energy Ltd. (ENLT) announced Friday that it has secured an Israel Land Authority tender to develop a 50-acre integrated data center and renewable energy complex in Ashalim, southern Israel.
The company plans to invest up to $1.1 billion, marking a key step in expanding data centers to regions with renewable energy production.
Designed with a 100 MW AC hourly consumption capacity, the complex will integrate energy production, storage, and data infrastructure, reinforcing Enlight's expertise in renewable energy development.
ENLT is currently trading at $16.02 or 1.02% lower on the Nasdaq Global Select Market.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.