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Ellomay Capital Ltd. ELLO

Utilities — Utilities Renewable

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Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership
51.73%

Capital & Financial Ratios

Market Cap
286.62
Revenue
51.59
Net Income
60.80
Free Cash Flow
(154.57)
Net Debt
565.31
Current Ratio
1.24
Debt/Equity
2.86
P/E ratio
4.25
P/S ratio
5.72
P/B ratio
1.11
Past 5Y EPS Growth
2.31%
This Y EPS Growth
—
Next Y EPS Growth
—
Next 5Y EPS Growth
—
in millions of $

Dividends

Payout Ratio
0.00
Annual Dividend Rate
—
Annual Dividend Yield
—
total individual payouts
2020 ‡‡‡
2019 ‡‡‡
2018 ‡‡‡
2017 ‡‡‡
2016 0.23
—
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 58.55 43.50 103.64 190.80
Receivables 13.26 21.58 26.01 26.21
Inventory — — — —
Other 0.61 0.34 4.43 6.45
103.72 65.42 134.08 223.46
2023 2024 2025 Q'26
Payables 5.81 9.22 7.89 13.44
ST’ Debt 55.28 65.47 71.27 122.31
Other 5.14 1.95 7.75 4.10
97.97 90.23 108.04 180.75
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡ ‡‡‡ ‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 9.95 14.16 — —
—
’25 9.58 13.23 14.88 12.60
50.29
’24 8.91 12.08 13.56 7.58
42.13
’23 13.08 14.64 17.03 9.26
54.01
’22 13.05 18.12 15.64 10.10
56.91
’21 8.45 14.57 15.44 12.22
50.69
’20 2.13 2.54 3.08 4.09
11.83
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (2.24) (2.03) — —
—
’25 0.28 5.64 4.09 (7.15)
2.86
’24 1.24 (0.74) 5.70 2.09
8.30
’23 1.49 4.24 12.07 (8.28)
9.52
’22 9.04 (0.71) 5.35 (1.61)
12.07
’21 1.55 6.06 7.32 2.32
17.25
’20 (0.51) (1.64) (0.51) (4.48)
(7.15)
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 (15.12) (64.84) — —
—
’25 (19.78) (17.61) (21.89) (52.72)
(112.00)
’24 (8.51) (12.09) (29.21) (17.80)
(67.61)
’23 (12.50) (11.61) (12.66) (18.80)
(55.57)
’22 (10.66) (4.16) (9.94) (15.01)
(39.77)
’21 (28.56) (39.66) 1.85 (10.10)
(77.10)
’20 (45.82) (47.39) (30.75) (40.73)
(164.69)
in millions of $

EPS

Mar Jun Sep Dec Year
’26 (0.87) 6.10 — —
—
’25 0.67 (0.65) 0.92 (1.12)
(0.16)
’24 (0.31) 0.04 0.52 (0.91)
(0.56)
’23 0.29 0.12 0.45 (0.73)
0.19
’22 (0.26) 0.14 (0.20) 0.29
(0.03)
’21 (0.19) (0.34) (0.20) (0.75)
(1.39)
’20 (0.13) (0.19) (0.08) (0.01)
(0.47)

Target Price Range

High
‡‡‡‡‡
‡‡‡‡‡
Average
‡‡‡‡‡
‡‡‡‡‡
Low
‡‡‡‡‡
‡‡‡‡‡

Recommendation Rating

1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡ ‡‡‡ ‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 12.52 10.00 11.08 13.00 — — —
Low Price
‡‡‡‡ ‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ 30.12 18.76 20.26 27.05 — — —
High Price
‡‡‡‡ ‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ 25 26 26 29 — — —
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.28 2.08 1.62 1.73 — — —
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 56.91 54.01 42.13 50.29 — — —
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 24.70% 20.40% 11.81% 16.20% — — —
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.39 1.08 (11.00) (10.46) — — —
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4.20% 2.00% (26.11%) (20.80%) — — —
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.15 0.69 (9.37) (7.49) — — —
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 17.16 18.22 16.59 19.35 — — —
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4.52 4.20 3.28 3.80 — — —
Revenue/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.03) 0.19 (0.56) (0.16) — — —
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.96 0.74 0.65 0.22 — — —
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (4.12) (5.06) (5.91) (8.67) — — —
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (3.16) (4.32) (5.26) (8.46) — — —
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 7.04 10.77 10.47 14.64 — — —
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 12.58 12.85 12.85 13.24 — — —
Shares
‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡ ‡‡‡ 0.00 115.00 0.00 0.00 — — —
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 3.30 3.56 4.96 6.40 — — —
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.12 1.39 1.55 1.66 — — —
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 10.50 11.60 16.78 19.20 — — —
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (15.03) (11.28) (10.46) (8.62) — — —
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 12.07 9.52 8.30 2.86 — — —
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (51.84) (65.09) (75.91) (114.86) — — —
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (39.77) (55.57) (67.61) (112.00) — — —
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (28.25) 5.75 (24.80) 26.04 — — —
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 463.55 492.97 541.67 747.24 — — —
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 410.02 434.42 498.16 643.60 — — —
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 88.60 138.36 134.58 193.90 — — —
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.06%) 0.38% (0.98%) (0.30%) — — —
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.47% 0.03% (0.20%) 0.13% — — —
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (0.35%) 2.16% (4.98%) (1.52%) — — —
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Ellomay Capital Ltd. (ELLO), an Israeli renewable energy firm with solar projects spanning Israel, Spain, Italy, and beyond, exemplifies the green energy sector’s highs and lows. Revenue surged 342% from $12.9 million in 2016 to a $56.9 million peak in 2022, driven by global subsidies and efficient scaling with a tiny team. However, 2023-2024 saw sharp declines to $42.1 million (-22%), with gross margins cratering from 82% to 11.8% amid Europe’s energy crisis, rising costs, and regulatory shifts—triggering volatile EPS, including recent losses.

Heavy capex exceeding $500 million over the period fueled asset growth but ballooned debt to $542 million (822% rise) and turned free cash flow deeply negative, straining the balance sheet despite positive operating cash flows in most years. The stock mirrors this volatility, rebounding sharply to around $28 recently after lows of $7-10, with valuations normalizing (PS at 4-5, EV/Sales at 17) and analysts unanimously forecasting ~100% upside on maturing plants and policy tailwinds like the EU’s REPowerEU solar push.

No insider trading adds caution, but moderating capex and potential margin recovery signal a 2025-2027 inflection toward positive FCF—if debt stabilizes and geopolitics cooperate. This high-risk play offers speculative allure for growth hunters eyeing enduring green trends.

Read full commentary →

Ellomay Capital Ltd. (ELLO) Latest News

News by impact score

Fine-tune

28 Jul

4 , 4:10 PM
Ellomay Capital executes agreement to acquire 51.75 MW / 207 MWh battery storage project in Northern Italy, entering the Italian battery storage market. Acquisition of large-scale battery storage project marks strategic expansion into new market with material growth implications.

10 May

4 GlobeNewswire, 12:00 PM
Ellomay Capital Ltd. consummated the sale of its indirect holdings in Dorad Energy Ltd. Sale of indirect holdings in Dorad Energy represents a major strategic divestiture likely to impact Ellomay Capital's financial position and portfolio focus.

31 Mar

4 GlobeNewswire, 9:10 PM
Ellomay Capital Ltd. (ELLO) reported financial results for the fourth quarter and full year of 2025. Quarterly and annual financial results disclosure significantly impacts investor sentiment, stock price, and assessments of future performance.

4 , 5:12 PM
Ellomay Capital Ltd. (ELLO) reported its financial results for the fourth quarter and full year of 2024, highlighting key metrics such as revenue growth and net income. The company emphasized its strategic initiatives and operational performance, which contributed to its overall financial health. Management expressed optimism about future prospects and ongoing projects in the renewable energy sector, indicating a positive outlook for the upcoming year. Significant strategic initiatives and operational performance improvements are expected to influence future growth and investor sentiment.

3 GlobeNewswire, 4:30 PM
Ellomay Capital Ltd. reports the publication of Dorad Energy Ltd.'s financial statements as of and for the year ended December 31, 2025. Dorad Energy's financial statements disclosure impacts Ellomay's consolidated financial transparency and investor assessment of a key asset.

3 Associated Press Finance, 6:06 PM
Ellomay Capital Ltd. (ELLO) reported a loss of $11.3 million in Q4, equating to 91 cents per share, with revenue of $9 million. For the full year, the company had a loss of $7.3 million, or 56 cents per share, and total revenue of $42.1 million. The reported losses and revenue figures indicate financial challenges that may moderately influence investor sentiment and future performance.

3 GlobeNewswire, 4:10 PM
Ellomay Capital Ltd. reported the publication of Dorad Energy Ltd.'s financial statements for the year ended December 31, 2024. Ellomay holds a 9.4% indirect stake in Dorad through its 50% ownership of Ellomay Luzon Energy. Dorad's revenues reached approximately NIS 2,863.8 million, with an operating profit of about NIS 620.3 million. The financial results were affected by seasonal electricity demand and the ongoing war situation in Israel, which Dorad estimates will have an immaterial short-term impact. Additionally, Dorad received approximately $130 million from an arbitration ruling, boosting its net profit for 2024 by NIS 215.6 million. Ellomay will incorporate Dorad's results into its financial statements. Dorad's financial performance and the impact of external factors like the war in Israel may moderately influence Ellomay's financial results and market sentiment.

30 Mar

4 GlobeNewswire, 6:50 AM
Ellomay Capital Ltd. (ELLO) to sell its indirect holdings in Dorad Energy Ltd., based on a NIS 4.4 billion valuation for Dorad. Selling indirect holdings in highly valued Dorad Energy provides major capital influx and strategic portfolio shift.

4 Mar

3 GlobeNewswire, 4:32 PM
Ellomay Capital Ltd. announces changes in its principal shareholders and board composition. Changes in principal shareholders and board composition can moderately influence governance, strategy, and investor sentiment.

30 Dec

3 Associated Press Finance, 4:39 PM
Ellomay Capital Ltd. reported its Q3 earnings, highlighting key financial metrics and operational updates. The company showed a notable performance in its renewable energy projects, contributing positively to its revenue. Management provided insights into future growth strategies and market conditions, indicating a focus on expanding its portfolio in the renewable sector. Overall, the earnings report reflects a solid position for Ellomay in the evolving energy landscape. The earnings report indicates moderate growth and strategic focus, which may influence financial performance but is balanced by market conditions.

3 GlobeNewswire, 4:31 PM
Ellomay Capital Ltd. reported its financial results for the three and nine months ending September 30, 2025. The company highlighted key performance metrics, including revenue growth and operational achievements. Management provided insights into strategic initiatives and future outlook, emphasizing ongoing projects and market positioning. The report reflects the company's commitment to enhancing shareholder value and navigating market challenges. The financial results indicate moderate growth and operational achievements that may influence investor sentiment and market positioning.

16 Dec

4 , 4:30 PM
Ellomay Capital Ltd. has executed an agreement to sell its control stake to O.Y. Nofar Energy Ltd. This transaction marks a significant shift in ownership for the company, potentially impacting its strategic direction and operations moving forward. The sale of a control stake is a major strategic move that could significantly alter the company's trajectory and investor sentiment.

12 Dec

4 GlobeNewswire, 6:55 AM
Ellomay Capital Ltd. has been awarded the FER X 'NZIA' tender for a 20 MW solar project in Piemonte, Italy. This project aligns with the company's strategy to expand its renewable energy portfolio and enhance its operational capabilities in the solar energy sector. The tender award represents a significant strategic move that could enhance Ellomay's market position and financial performance in the renewable energy sector.

8 Dec

4 , 6:55 AM
Ellomay Capital Ltd. has received approval to issue a building permit for the expansion of the Dorad Power Plant. This development is a significant step towards enhancing the plant's capacity and operational efficiency, which is expected to positively impact the company's growth prospects. The approval for the building permit is a major strategic move that could significantly enhance operational capacity and investor sentiment.

3 Dec

3 , 4:10 PM
Ellomay Capital Ltd. has provided updates on its solar operations in Italy, highlighting progress in various projects and initiatives aimed at enhancing efficiency and output. The company is focused on expanding its renewable energy portfolio and optimizing existing assets to meet growing energy demands. These updates reflect Ellomay's commitment to sustainable energy solutions and its strategic direction in the Italian market. The updates indicate a moderate influence on the company's operational efficiency and market positioning in the renewable energy sector.

30 Nov

3 GlobeNewswireGuruFocus.comMT NewswiresRigzone.comMotley FoolGuruFocus.comMT Newswires, 12:24 PM
Ellomay Capital Ltd. announced the publication of financial statements for Dorad Energy Ltd. for the three and nine months ending September 30, 2025. The report provides insights into Dorad's financial performance during this period, which is significant for stakeholders and investors monitoring the company's operations. The financial statements may moderately influence investor sentiment and provide insights into Dorad's operational performance, impacting Ellomay's overall financial outlook.

23 Oct

3 GlobeNewswire, 4:15 PM
Ellomay Capital Ltd. announced the results of its 2025 Annual General Meeting of Shareholders, where key decisions and shareholder votes were finalized. The meeting addressed various corporate matters, including board appointments and financial approvals, reflecting the company's strategic direction and governance practices. The outcomes of the meeting may influence shareholder sentiment and governance but are not expected to significantly alter the company's overall trajectory.

2 Oct

3 Simply Wall St., 11:49 AM
Ellomay Capital Ltd. (NYSEAM:ELLO) reported a 4.7% annual narrowing of losses, indicating some improvement in financial performance. However, concerns regarding financial risk persist, suggesting that the company still faces challenges that could impact its future stability and growth. The narrowing of losses indicates some positive movement, but ongoing financial risks could limit overall performance.

30 Sep

4 GlobeNewswire, 4:32 PM
Ellomay Capital Ltd. reported its financial results for the three and six months ended June 30, 2025, highlighting key performance metrics and operational updates. The company showed growth in revenue and net income, driven by increased energy production and strategic investments. Management expressed optimism about future projects and market conditions, indicating a positive outlook for the remainder of the year. Significant growth in revenue and net income suggests a strong operational performance that could positively influence investor sentiment and market positioning.

31 Aug

3 , 12:00 PM
Ellomay Capital Ltd. announced the publication of financial statements for Dorad Energy Ltd. for the three and six months ending June 30, 2025. The report provides insights into Dorad's financial performance, which is relevant for stakeholders and investors monitoring the company's operations and market position. The financial statements may moderately influence investor sentiment and provide insights into Dorad's performance, impacting Ellomay's overall financial outlook.

22 Jul

4 GlobeNewswire, 4:15 PM
Ellomay Capital Ltd. announced the acquisition of 15% of Dorad Energy’s shares by its subsidiary, Ellomay Luzon Energy, increasing its holdings in Dorad to 33.75%. The acquisition was funded through a bank loan totaling approximately NIS 424 million (about €108 million). The loan consists of three tranches with varying interest rates and repayment schedules. Additionally, a court ruling denied Edelcom's request to block the share sale, allowing Ellomay Luzon Energy to proceed with the acquisition. The company has significant investments in renewable energy projects across Europe, the USA, and Israel. The acquisition of a significant stake in Dorad Energy is a major strategic move that could enhance Ellomay's market position and financial performance.

14 Jul

3 GlobeNewswire, 2:15 AM
Ellomay Capital Ltd. announced a private placement of 926,000 ordinary shares to Israeli institutional and classified investors, raising approximately NIS 50 million. The share price is set at NIS 54, below the closing prices of NIS 56.88 and NIS 58.53 on July 8 and 9, 2025, respectively. An affiliate of Menora Mivtachim Holdings Ltd. is expected to acquire about 6% of the company's outstanding shares. The proceeds will be used for general corporate purposes, pending regulatory approvals expected in July 2025. The offering is restricted to Israel and will not be registered under U.S. securities laws. The private placement may enhance financial stability and investor interest, impacting future performance moderately.

7 Jul

4 , 2:00 AM
Ellomay Capital Ltd. has entered into long-term power purchase agreements with Statkraft for three operating solar plants in Italy. These agreements are expected to enhance the company's revenue stability and support its growth strategy in the renewable energy sector. Long-term power purchase agreements are likely to significantly enhance revenue stability and growth prospects.

30 Jun

3 , 4:30 PM
Ellomay Capital Ltd. reported its financial results for the three months ending March 31, 2025, highlighting key performance metrics and operational updates. The company experienced fluctuations in revenue and expenses, impacting overall profitability. Strategic initiatives and market conditions were also discussed, providing insights into future expectations. Financial performance and operational updates indicate a moderately noticeable influence on the company's trajectory.

20 Jun

4 GlobeNewswire, 6:45 AM
Ellomay Capital Ltd. announced the closing of an investment transaction with Clal Insurance Company, granting Clal a 49% interest in Ellomay's 198 MW solar portfolio in Italy. CEO Ran Fridrich highlighted the partnership as a significant milestone in Ellomay's growth strategy. The company has a diverse portfolio in renewable energy across Europe, Israel, and the USA, including solar power plants and other energy projects. Further details about the transaction can be found in the company's annual report submitted to the SEC. The investment from Clal Insurance represents a significant strategic partnership that could enhance Ellomay's growth and market position in the renewable energy sector.

30 May

3 , 6:45 AM
Ellomay Capital Ltd. announced the publication of financial statements for Dorad Energy Ltd. for the three months ending March 31, 2025. The report provides insights into Dorad's financial performance during this period, which is significant for stakeholders and investors monitoring the company's operations. The publication of financial statements may moderately influence investor sentiment and provide insights into Dorad's performance, impacting Ellomay's overall financial outlook.

9 Apr

4 , 7:25 AM
Ellomay Capital Ltd. has entered into a partnership with Clal Insurance to develop solar projects in Italy. This collaboration aims to enhance Ellomay's renewable energy portfolio and expand its operations in the Italian market, leveraging Clal Insurance's resources and expertise in the energy sector. The partnership with Clal Insurance is a significant strategic move that could enhance Ellomay's market position and financial performance in the renewable energy sector.

4 GlobeNewswire, 6:20 AM
Ellomay Capital Ltd. announced an agreement with Clal Insurance to sell 49% of its 198 MW Italian solar portfolio for approximately €52 million. A new Israeli limited partnership will be formed, with Ellomay holding 51% and Clal 49%. The portfolio includes 38 MW of operational solar facilities and 160 MW of projects ready to build. Clal will have a right of first look for future investments in Ellomay's solar projects in Italy. The agreement also includes a warrant for 416,000 shares of Ellomay at an exercise price of NIS 69.7. The transaction is subject to regulatory approvals. The partnership with Clal Insurance represents a significant strategic move that could enhance Ellomay's financial performance and market positioning in the renewable energy sector.

2 Mar

4 GlobeNewswire, 7:00 AM
Ellomay Capital Ltd. announced that its subsidiary, Ellomay Holdings Luxembourg, has executed project finance agreements for its 198 MW solar portfolio in Italy. The financing, amounting to up to €110 million, will be provided through senior secured notes issued in multiple tranches during construction. The portfolio includes three operational solar facilities totaling approximately 38 MW and additional projects with a ready-to-build capacity of about 160 MW. The notes will bear an interest rate of 4.50% per annum and are due on December 31, 2047, with semi-annual repayments expected to begin shortly after financial closing, anticipated in the coming weeks. The financing agreements represent a significant strategic move that could enhance Ellomay's growth and market position in the renewable energy sector.

30 Jan

3 GlobeNewswire, 4:15 PM
Ellomay Capital Ltd. announced the results of its Extraordinary General Meeting of Shareholders, where key decisions were made regarding the company's future direction and governance. Shareholders voted on various proposals that are expected to influence the company's strategic initiatives moving forward. The outcomes of the meeting are likely to moderately influence the company's strategic direction and operational focus.
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