On December 5, 2024, Kenon Holdings Ltd. announced its financial results for the third quarter ended September 30, 2024. The company reported consolidated revenue of $237 million, an increase of $8 million compared to $229 million in Q3 2023.
OPC Energy Ltd.'s Adjusted EBITDA, including its proportionate share in associated companies, grew by $4 million to $108 million in Q3 2024 from $104 million in the prior year period. However, OPC's profit for the period decreased to $23 million in Q3 2024 from $27 million in Q3 2023.
Kenon's stand-alone cash and cash equivalents were $460 million as of September 30, 2024, and increased to approximately $650 million by December 4, 2024. This strong liquidity position supports the company's strategic investments and capital allocation initiatives.
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