ELLO News & Events

Reports Q1 revenue EUR8.7M vs. EUR8.9M last year. Total assets as of March 31, 2026 amounted to approximately EUR885.4M vs. EUR843.5M as of December 31, 2025.

Ellomay Capital announced the results of the separation process with respect to Ellomay Luzon Energy Infrastructures, currently held in equal parts by the company and Amos Luzon Development and Energy Group. Ellomay Luzon Energy's main asset is its holding of 33.75% of Dorad Energy Ltd. The separation process was conducted on March 27, 2026, following the Israeli court's ruling and the appointment of Judge Hila Gerstel to act as the ruler regarding the separation process. The separation process resulted in the Luzon Group committing to acquire the Ellomay Luzon Energy shares indirectly held by the company at a Dorad valuation of NIS 4.4B. As of the date hereof, based on the company's indirect holdings in Dorad and the current value of 50% of the other assets and liabilities of Ellomay Luzon Energy, the consideration is approximately NIS 560M. Ellomay Clean Energy LP and the Luzon Group entered into a share purchase agreement on March 27, 2026. The consummation of the sale is subject to customary closing conditions, including the approvals of the Israeli Electricity Authority, the Israeli Competition Authority and Ellomay Luzon Energy's lenders, all to the extent required.

Ellomay Capital announced that the Israeli National Licensing Authority approved the request for issuance of a building permit to Dorad Energy for the expansion of the power plant owned by Dorad. The approval covers the construction of a new generating unit with a capacity of approximately 650 MW, as well as all the required accompanying engineering works, including the installation of a new turbine.

Ellomay Capital announced the closing of the investment transaction with Clal Insurance Company in the Company's 198 MW solar portfolio of operating projects and projects under construction and development in Italy. In consideration for its investment in the Italian solar portfolio, Clal received a 49% interest in the portfolio.