Earnings ·
Kenon Holdings reported Q2 2026 results driven by the consolidation of U.S. power plants and a $93 million receipt…
KENKenon Holdings Ltd.
Kenon Holdings reported Q2 2026 results driven by the consolidation of U.S. power plants and a $93 million receipt from Peru for an ICSID arbitration award. OPC Energy, in which Kenon holds ~46%, saw revenue double to $379 million and net profit rise to $15 million, with Adjusted EBITDA reaching $131 million. OPC also completed the Hadera Expansion Project financing and issued NIS 600 million ($202 million) in Series E bonds. Kenon's standalone cash increased to $605 million by August 2026. The company operates in the energy sector, focusing on power generation and transmission assets.