Nikita Goloshchekov

Ronny Bash

Shahar Keinan

- Kenon Holdings Ltd. reported its Q2 2025 results, with its primary subsidiary, OPC Energy Ltd. (OPC), generating **$196 million** in revenue and **$90 million** in Adjusted EBITDA including proportionate share in associated companies for the quarter ended June 30, 2025.  **[1611005_0001178913-25-003129_exhibit_99-1.htm:0]** **[1611005_0001178913-25-003129_exhibit_99-1.htm:1]** 
- OPC raised total gross proceeds of **NIS 1,750 million ($506 million)** through new share offerings in June and August 2025, with Kenon participating in the June offering for **NIS 316 million ($90 million)**.  **[1611005_0001178913-25-003129_exhibit_99-1.htm:0]**  Following these offerings, Kenon now holds approximately **49.8%** of OPC's shares.  **[1611005_0001178913-25-003129_exhibit_99-1.htm:3]** 
- The Israeli Government approved the plan to construct the Hadera 2 project, an **850MW** natural gas-fired power plant, with an estimated construction cost of **NIS 4.5 billion to NIS 5 billion ($1.3 billion to $1.5 billion)**.  **[1611005_0001178913-25-003129_exhibit_99-1.htm:0]** **[1611005_0001178913-25-003129_exhibit_99-1.htm:3]** 
- Kenon's board increased the authorized share repurchase plan by **$10 million** to a total of up to **$70 million**.  **[1611005_0001178913-25-003129_exhibit_99-1.htm:4]**

Kenon Holdings (KEN)