Enlight Renewable Energy (Form 6-K Summary)

Enlight subsidiary Clenera closed a tax equity partnership with Wells Fargo for the Quail Ranch Solar and Storage Project (128 MW solar / 400 MWh storage) in New Mexico.

• Financing: Wells Fargo contributes $131 million at COD, plus $18M via “pay-go” payments over 10 years. Proceeds repay the project bridge loan.
• Tax Credits: Project expects PTCs, ITCs, and a 10% Energy Community bonus credit.
• Partner Entitlements: Wells Fargo receives 99% of the PTC/ITC and significant EBITDA/taxable income share in early ye