Kenon Holdings Ltd. (KEN)

The company now

Kenon Holdings, a Singapore holding company, said on 30 September 2026 it agreed to buy 25 percent of Vicinity District Energy, a United States district heating and cooling business, for about $450 million 3. The company says the deal moves it into a business distinct from the electricity generation of its main holding, OPC Energy 3. Closing is expected in the second quarter of 2027, once regulators approve 3.

Almost all of Kenon's earnings come from OPC, an Israeli and American power producer in which Kenon owns about 46 percent 1. In 2025 Kenon reported revenue of $872 million and a profit of $148 million 1.

In August 2026 the Republic of Peru paid an arbitration award, and Kenon received about $93 million of it, subject to tax 2. On 31 August 2026 Kenon's own cash was $605 million, with no material debt at the Kenon level 2.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.