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Enlight Renewable Energy Reaches Development Milestones For Arizona CO Bar Complex

Benzinga·02/02/2026 13:07:45
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Enlight Renewable Energy (TASE: ENLT; NASDAQ: ENLT), a leading global renewable energy developer and an independent power producer, today announced it has reached major development milestones for the CO Bar Complex in Arizona, and is now advancing the project into full-scale execution.

Located in Arizona, the CO Bar Complex includes five stages, totaling 1.211 GW of solar power generation capacity and 4.0 GWh of energy storage capacity, placing it among the largest renewable energy projects in the United States. Across the five stages, CO Bar 1 includes 258 MW of solar generation and 824 MWh of energy storage. CO Bar 2 and CO Bar 3 add 480 MW and 473 MW of solar generation, respectively, while CO Bar 4 and CO Bar 5 are storage-only projects providing 1,600 MWh and 1,576 MWh of energy storage, respectively.

The expected total Complex investment is approximately USD 2,860 to 3,010 million, and the expected Complex investment net of tax benefits is approximately USD 1,550 to 1,630 million. The Complex is expected to generate approximately USD 264-278 million from electricity sales in its first full year of operation and to generate enough clean energy to power over 215,000 Arizona homes.