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Ellomay Capital Ltd.Bullish
Ellomay Capital has completed the sale of its 16.9% stake in Dorad Holdings, securing approximately 560 million NIS in net cash proceeds to improve its balance sheet. The company plans to utilize these funds for debt reduction and to accelerate investments in new projects, including battery energy storage systems (BESS).…more
Ellomay Capital Ltd.
Ellomay Capital announced in its October 2026 investor presentation the sale of a 16.9% stake in Dorad Holdings for a total consideration of 742.5 million NIS, resulting in approximately 560 million NIS in net cash proceeds. The company plans to use these funds for deleveraging and accelerating its growth in energy storage (BESS) and renewable energy projects. Additionally, the company highlighted project wins in Italy's FER X tender and expected EBITDA growth from new biogas regulations in the Netherlands.…more
Ellomay Capital Ltd.
Ellomay Capital successfully connected the first 30 MW portion of its 87 MW solar facility in the Lazio region of Italy to the national grid, with energy production commencing on October 6, 2026. The remaining 57 MW is expected to be connected in the coming weeks, with the total facility projected to produce approximately 160 GWh annually.…more
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Ellomay Secures Grid Access Permit for Spanish Battery Storage Project
Ellomay has received a grid access and connection permit for a 22.2 MW battery storage facility at its solar site in Spain. The project is scheduled for completion in late 2027 and aims to enhance operational flexibility and profitability.…more
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Ellomay Capital announced its quarterly financial results, reporting earnings of $5.97 per share. The company generated $14.158 million in sales for the second quarter.…more
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Ellomay Capital turned a profit of €58.3 million in the first half of 2026, largely due to a one-time gain from the sale of indirect holdings in Dorad Energy. Despite the bottom-line growth, the company reported negative cash flow from operations and faced increased financing expenses due to currency fluctuations.…more
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