Enlight Renewable Energy Ltd.

May 11, 2026

Issuance Rating

‘ilA’ Rating Assigned to Bond Issuance of Up to NIS 550 Mil. P.V.

Primary Credit Analyst:

Evgeni Silishtian, 972-3-7539733 evgeni.silishtian@spglobal.com

Additional Contact:

Ayelet Matzov 972-3-7539712 ayelet.matzov@spglobal.com

S&P Maalot hereby assigns its ‘ilA’ rating to unsecured bonds of up to NIS 550 million par value to be issued by Enlight Renewable Energy Ltd. (ilA/Stable) through the expansion of Series G. The proceeds from the issuance will be used mainly for the company's ongoing activity and for refinancing existing debt.

For additional details about the company’s rating and for additional regulatory requirements, see our rating report dated January 7, 2026.

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