Kenon Subsidiary Completes 100% Acquisition of 1.35 GW Basin Ranch Power Project
KEN has more than doubled off its 52-week low of $27.1.
Summary
Kenon Holdings' subsidiary OPC Energy, through CPV Group, has completed the acquisition of the remaining 30% interest in the 1.35 GW Basin Ranch Project, now owning 100% of the gas-fired power plant.
Key Events · M&A and Partnerships · KEN
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Acquisition Completion
Kenon's subsidiary OPC Energy, via CPV Group, completed the acquisition of the remaining 30% interest in the Basin Ranch Project.
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Full Ownership Achieved
CPV Group now owns 100% of the 1.35 GW gas-fired power plant project in Texas.
Analysis · KEN · Energy & Transportation
This filing announces the full consolidation of a significant power generation asset by Kenon Holdings' subsidiary. The Basin Ranch Project, a 1.35 GW gas-fired power plant in Texas, is now 100% owned by CPV Group, a 70%-owned subsidiary of OPC Energy. This completion enhances operational control and future revenue potential from a substantial asset, following previous announcements regarding the acquisition process.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.8% of the 1864 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KEN was trading at $71.62 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $3.7B. The 52-week trading range was $27.10 to $75.90. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.