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Ellomay Capital Ltd. (NYSE American; TASE: ELLO) ( Ellomay or the Company ), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced all conditions precedent were met under the conditional license issued to the pumped storage hydro project to be constructed in the Manara Cliff, Israel (the Manara Project ). The Company indirectly owns 83.333% of Ellomay Pumped Storage (2014) Ltd. (the SPC ), which owns the Manara Project. The Manara Project is projected to cost approximately NIS 1.53 billion (approximately $472 million). Amongst the conditions fulfilled is the financial closing of the long-term project finance facilities for the Manara Project (the ....
Ellomay Capital Announces the Successful Connection of the Talasol Photovoltaic Plant to the Spanish Electricity Grid USA - English Share this article Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO ) ( Ellomay or the Company ), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that the photovoltaic plant constructed by Talasol Solar S.L. ( Talasol ) in the municipality of Talaván, Cáceres, Spain, with a peak capacity of 300MW, was connected to the electricity grid and electricity production commenced. In parallel, hot commissioning tests have been initiated by the EPC contractor. The Company indirectly owns 51% of Talasol. ....
Ellomay Capital Reports Results for the Three and Nine Months Ended September 30, 2020 USA - English Share this article Ellomay Capital Ltd. ( ), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today reported its unaudited financial results for the three and nine months ended September 30, 2020. Financial Highlights Revenues were approximately €6.8 million for the nine months ended September 30, 2020, compared to approximately €15.4 million for the nine months ended September 30, 2019. The decrease in revenues is mainly due to the sale of ten Italian indirectly wholly-owned subsidiaries of the Company, which held twelve photovoltaic plants in Italy with an aggregate installed capacity of approximately 22.6 MWp (the ....
Ellomay Capital Announces Results of 2020 Extraordinary General Meeting of Shareholders USA - English Share this article Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) ( Ellomay or the Company ), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that at the extraordinary general meeting of the Company s shareholders, held on December 17, 2020 (the EGM ), the following proposals were adopted and approved by the required majority (including the special majority required in connection with proposals 1, 3, and 5-7): Election of Mr. Daniel Vaknin as a new external director for an initial three-year term, commencing December 20, 2020; ....