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Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2020

Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2020
USA - English
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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 reported its unaudited financial results for the fourth quarter and year ended December 31, 2020.
Financial Highlights
Revenues were approximately €9.6 million for the year ended December 31, 2020, compared to approximately €19 million for the year ended December 31, 2019. The decrease is mainly due to the sale of the Company s Italian PV portfolio (the
Italian PV Portfolio ) in December 2019. 2020 revenues were also impacted by the decrease in demand and prices of the European electricity markets due to the Covid-19 pandemic, partially offset by an increase in revenues in one of the Company s biogas plants in the Nether ....

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Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2020

Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2020
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Ellomay Capital Reports Results for the Three and Nine Months Ended September 30, 2020

Ellomay Capital Reports Results for the Three and Nine Months Ended September 30, 2020
USA - English
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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 ....

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