Kenon Holdings <a href="https://laohu8.com/S/QTWO">Q2</a> 2025: OPC Adjusted EBITDA Rises to $90M, Up from $66M in Q2 2024
Kenon Holdings Ltd. (NYSE: KEN, TASE: KEN) has released its financial results for the second quarter of 2025. The company reported a revenue increase for OPC Energy Ltd ("OPC"), with revenues rising from $181 million in Q2 2024 to $196 million in Q2 2025. The Adjusted EBITDA, including the proportionate share in associated companies, also saw a significant rise from $66 million in Q2 2024 to $90 million in Q2 2025. The profit for the period improved to $1 million in Q2 2025, compared to a loss of $7 million in the same period of the previous year. This improvement in profitability was also reflected in the share of profit from associated companies, which rose from $4 million in Q2 2024 to $21 million in Q2 2025. In terms of business updates, OPC raised a total of $506 million through share offerings in June and August 2025. Additionally, the Israeli Government has approved the plan to construct the Hadera 2 project, which is expected to generate 850MW. These developments are expected to bolster OPC's growth and operational capabilities.
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: 0001178913-25-003129), on August 28, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.