Financing ·
Kenon Holdings Ltd.'s subsidiary OPC Energy Ltd. announced that CPV Renewables Power LLC entered into a financing…
KENKenon Holdings Ltd.
Kenon Holdings Ltd.'s subsidiary OPC Energy Ltd. announced that CPV Renewables Power LLC entered into a financing agreement with Bank Leumi for approximately $430 million on September 10, 2026. The deal includes a term loan of roughly $250 million maturing in December 2031 at SOFR plus 1.8% to 2.4%, primarily to repay existing project loans. Additionally, the agreement provides approximately $180 million in guarantees and letters of credit with commissions between 1% and 2%. Kenon Holdings Ltd. operates in the energy sector.