Kenon Holdings Reports Strong Full Year 2024 Results Driven by U.S. Revenue Growth

KEN
October 07, 2025

On April 2, 2025, Kenon Holdings Ltd. announced its financial results for the full year ended December 31, 2024. The company reported consolidated revenue of $751 million, an increase of $59 million compared to $692 million in 2023.

OPC Energy Ltd.'s Adjusted EBITDA, including its proportionate share in associated companies, grew by $28 million to $332 million in 2024 from $304 million in the prior year. OPC's profit for the period also increased to $53 million from $47 million in 2023.

Notably, U.S. revenue demonstrated exceptional growth, increasing by 73.16% in 2024, reaching $126 million compared to $73 million in 2023. Kenon's stand-alone cash was $894 million as of December 31, 2024, reflecting a strong liquidity position.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.