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Kenon ( (KEN) ) has issued an announcement.
On October 28, 2025, Kenon Holdings Ltd.’s subsidiary, OPC Energy Ltd., announced the execution of a credit agreement for the Basin Ranch Project in Texas. The agreement involves a $1.1 billion loan from the Texas Energy Fund to finance part of the natural gas project’s costs, which has a planned capacity of 1.35 GW. The loan, secured by pledges on the project, carries a 3% interest rate and matures in 2045. This development is significant for Kenon as it strengthens its position in the energy sector and supports the expansion of its energy infrastructure in the U.S., potentially impacting stakeholders by enhancing project financing and execution capabilities.
The most recent analyst rating on (KEN) stock is a Buy with a $54.00 price target. To see the full list of analyst forecasts on Kenon stock, see the KEN Stock Forecast page.
Spark’s Take on KEN Stock
According to Spark, TipRanks’ AI Analyst, KEN is a Outperform.
Kenon’s strong valuation with a low P/E ratio and high dividend yield, combined with positive technical indicators, contribute significantly to its overall score. Financial performance is solid but tempered by increased leverage and cash flow challenges.
To see Spark’s full report on KEN stock, click here.
More about Kenon
Kenon Holdings Ltd. operates in the energy sector, with a focus on power generation and development projects. Its primary services include managing and investing in energy assets, with a significant market focus on sustainable and renewable energy projects.
Average Trading Volume: 12,588
Technical Sentiment Signal: Buy
Current Market Cap: $2.6B
For a thorough assessment of KEN stock, go to TipRanks’ Stock Analysis page.