Opc Energy stock: CPV secures refinancing for two U.S. plants

OPC Energy's U.S. subsidiary CPV has secured a new financing structure for its Shore and Maryland power plants. The company announced the agreement on October 29, 2026, while the transaction itself was signed on October 27. PR Newswire reported the details.

CPV consolidates plant financing

The package totals 825 million US dollars and covers the natural gas-fired combined-cycle plants in the PJM electricity market. Shore has a generation capacity of 725 megawatts, while Maryland has 745 megawatts. The new facility consolidates the plants' existing project-level financing.

The package includes a 625 million US dollar term loan with a seven-year maturity and interest of SOFR plus 2.5 percent. The margin is 75 basis points below the previous 3.25 percent rate. A 125 million US dollar letter-of-credit facility and a 75 million US dollar revolving credit facility complete the structure.

Dividend and lower funding costs

The refinancing is intended to repay existing project debt, support working capital and collateral needs, and fund a planned dividend of approximately 130 million US dollars to CPV Group at closing. OPC Energy said the lower borrowing cost and consolidated financing should improve financial flexibility and increase cash flow available for growth.

OPC Energy stock traded at ILS 86.37 on the Tel Aviv Stock Exchange at 12:48 p.m. CET on Friday, November 6, 2026. Investors can follow the real-time quote of Opc Energy stock.

OPC Energy's operating footprint

OPC Energy owns, develops and operates electricity generation facilities in Israel and the United States. Its portfolio combines natural gas, solar, wind and storage, while its Israeli business supplies electricity through generation sites and on-site customer solutions.

In the United States, OPC Energy operates through CPV Group, a 71 percent-owned subsidiary with more than 25 years of experience in low-emission generation and renewable projects. CPV is advancing a portfolio of approximately 15 gigawatts across renewable and natural gas assets, giving OPC Energy a specialized position spanning conventional power and energy-transition projects.

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