09:51 AM EST, 01/27/2026 (MT Newswires) -- Enlight Renewable Energy ( ENLT ) said Tuesday it entered into an agreement to acquire a stake in German co-located solar and energy storage initiative Project Jupiter with alternative asset manager Prime Capital.

Enlight said it expects to acquire 51% to 60% of the project shares, with Prime Capital's Prime Green Energy Infrastructure Fund II owning the remaining shares.

The project, located in Brandenburg, Germany, is designed to have up to 150 megawatt-peak of solar generation capacity and 2,000 megawatt-hours of energy storage capacity, the company said.

Expected to reach ready-to-build status by the end of 2026, Project Jupiter is estimated to have a total investment of 470 million to 500 million euros ($560.9 million to $596.7 million), Enlight said.

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