Nofar Energy

Nofar Energy

Nofar is a leading public, global renewable energy company. Learn more

Launch date
Employees
Market cap
CAD1.1b
Enterprise valuation
CAD2.0b (Public information from Sep 2024)
Ashdod South District (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
ILS20192020202120222023
Revenues142m215m361m325m321m
% growth-51 %68 %(10 %)(1 %)
EBITDA11.3m(257m)24.9m220m77.4m
% EBITDA margin8 %(120 %)7 %68 %24 %
Profit4.9m(252m)3.8m154m(88.7m)
% profit margin3 %(118 %)1 %47 %(28 %)
EV / revenue-9.0x7.0x12.3x16.5x
EV / EBITDA--7.5x101.7x18.1x68.5x
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DateInvestorsAmountRound
N/A

N/A

IPO
*

€55.0m

Post IPO Debt
*

€122m

Post IPO Debt
Total Funding-

Recent News about Nofar Energy

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More about Nofar Energyinfo icon
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Nofar Energy is a publicly traded company on the Tel Aviv Stock Exchange (TASE) under the ticker NOFR, specializing in renewable energy solutions. The company operates in the renewable energy market, focusing on solar and energy storage projects. Nofar Energy serves a diverse range of clients, including governments, businesses, and communities, aiming to replace old, expensive, and polluting energy sources with green and clean renewable energy. The business model revolves around developing, constructing, and managing renewable energy projects, generating revenue through the sale of electricity and energy storage services. With a portfolio of 1,110 MW connected and ready-to-be-connected solar projects, 1,011 MW solar projects under construction, and 1,197 MWh energy storage projects, Nofar Energy is committed to helping the world reach zero emissions by 2050. The company employs 200 people and has completed 1,000 projects worldwide, operating in 10 countries. Key projects include the Ratesti solar ground project in Romania, which is the largest of its kind in the country with a capacity of 155 MW and a construction cost of 98 million Euros.

Keywords: renewable energy, solar projects, energy storage, TASE, zero emissions, global operations, green energy, sustainable solutions, project management, electricity sales.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Nofar Energy

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