Ellomay Cap Stock Price, News & Analysis

Ellomay Capital (NYSE American: ELLO) has announced its upcoming Annual General Meeting of Shareholders, scheduled for October 23, 2025 at 3:00 p.m. Israel time at the company's Tel Aviv offices.

The meeting agenda includes key items such as the reelection of directors, approval of an increase in authorized share capital, amendments to company articles, approval of directors and officers liability insurance, employment terms for Asaf Nehama, and reappointment of Somekh Chaikin as independent auditors.

Shareholders of record as of September 18, 2025 will be eligible to vote. The company will distribute proxy materials around September 19, 2025, and shareholders can vote via proxy card or through the Israel Securities Authority's electronic system.

Ellomay Capital (NYSE:ELLO) reported the publication of financial statements for Dorad Energy Ltd., in which Ellomay indirectly holds approximately 16.9% ownership following a recent acquisition of an additional 15% stake in July 2025.

For Q2 2025, Dorad reported revenues of NIS 566.8 million and operating profit of NIS 56.9 million. The company experienced losses mainly due to a NIS 72.7 million increase in financing expenses related to USD/NIS exchange rate fluctuations.

Notably, Dorad's operations were impacted by Israel's "Rising Lion" military operation against Iran in June 2025, resulting in a 22% decrease in June revenues compared to the previous year. The company's performance is also subject to seasonal variations, with higher demand during winter and summer months.

Ellomay Capital (NYSE American: ELLO) announced that its 50%-owned subsidiary, Ellomay Luzon Energy, has completed the acquisition of 15% of Dorad Energy's shares for approximately NIS 424 million (€108 million). This acquisition increases Ellomay Luzon Energy's holdings in Dorad to 33.75%.

The acquisition was funded through a bank financing agreement consisting of three tranches: two NIS 175 million loans and a NIS 70 million loan. The transaction resulted from exercising a right of first refusal on shares sold by former shareholder Zorlu Enerji. A legal challenge has been filed by Edelcom Ltd., whose agreement to purchase 7.5% of Dorad's shares was terminated, with a court hearing scheduled for August 6, 2025.

Ellomay Capital (NYSE American: ELLO), a renewable energy developer, announced a private placement of 926,000 ordinary shares to Israeli institutional and classified investors. The placement price is set at NIS 54 (approximately $16.3) per share, with expected gross proceeds of NIS 50 million.

Notably, Menora Mivtachim Holdings Ltd., a major Israeli institutional investor, will become an interested party with approximately 6% ownership in Ellomay through this placement. The transaction, subject to regulatory approvals, is expected to close in July 2025. The company plans to use the proceeds for general corporate purposes.

Ellomay Capital (NYSE American: ELLO) has signed 9-year power purchase agreements (PPAs) with Statkraft for three operating solar plants in Italy. The PPAs cover 75% of the capacity of the plants, which have a combined capacity of 38 MW. Ellomay holds a 51% interest in these projects.

The agreement strengthens Ellomay's renewable energy platform in Europe. The company's Italian solar portfolio includes 160 MW under construction (51% owned), 124 MW with construction permits, and an additional 140 MW expected to receive permits soon. The PPAs were structured to provide long-term stability while maintaining merchant upside potential in a volatile market.

Ellomay Capital (NYSE American: ELLO), a renewable energy and power generator, reported strong financial results for Q1 2025. The company's total assets reached €721.2 million as of March 31, 2025, up from €677.3 million at the end of 2024. Revenues increased to €8.9 million, a 9% rise from €8.2 million in Q1 2024.

The company achieved a significant turnaround with a profit of €6.8 million in Q1 2025, compared to a loss of €4.9 million in Q1 2024. EBITDA improved by 81% to €2.9 million. The financial performance was notably impacted by favorable exchange rate differences, contributing to financing income of €7.2 million.

Ellomay made substantial progress in its expansion initiatives, including: new Italian solar facilities totaling 37.9 MW connected to the grid, financing agreements for 198 MW of solar projects in Italy, advancement of 50 MW solar projects in the US, and increased production license in the Netherlands. The company also successfully raised approximately €56.7 million through a Series G Debenture offering in February 2025.

[ "Significant profit turnaround to €6.8 million from €4.9 million loss year-over-year", "Revenue growth of 9% to €8.9 million compared to Q1 2024", "EBITDA increased 81% to €2.9 million year-over-year", "Total assets grew to €721.2 million from €677.3 million in December 2024", "Successful fundraising of €56.7 million through Series G Debenture offering", "New solar facilities in Italy (37.9 MW) connected to the grid", "Secured financing agreements for 198 MW of solar projects in Italy" ]

Ellomay Capital (NYSE American; TASE: ELLO) has successfully closed an investment deal with Clal Insurance Company, a leading Israeli institutional investor, for its 198 MW Italian solar portfolio. The transaction grants Clal a 49% interest in Ellomay's portfolio of operating projects and projects under construction and development in Italy. As part of the agreement, Clal received a warrant to purchase ordinary shares of Ellomay. CEO Ran Fridrich highlighted this partnership as a significant milestone in Ellomay's strategic growth plan and interpreted it as a strong vote of confidence in the company's vision, portfolio, and leadership.

Ellomay Capital (NYSE: ELLO) reported the Q1 2025 financial results of Dorad Energy Ltd., in which it holds a 9.4% indirect stake through its 50% ownership of Ellomay Luzon Energy. Dorad's Q1 2025 performance showed revenues of NIS 610.6 million and an operating profit of NIS 76.9 million. The company's electricity demand follows seasonal patterns, with higher consumption during winter (December-February) and summer (June-September) compared to intermediate seasons. The results, covering winter months January-February and intermediate month March, may not be indicative of full-year performance due to seasonal variations in electricity demand and TAOZ tariffs, which are generally higher during summer months. The company noted that future quarterly results may vary due to factors including the impact of Israeli CPI increases on Dorad's credit facility interest payments.

Ellomay Capital (NYSE American; TASE: ELLO), a renewable energy and power generator operating in Europe, USA and Israel, has filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2024.

Key financial updates from the report include:

• A decrease of approximately €0.6 million in depreciation and amortization costs
• A reduction of approximately €0.1 million in tax benefit

These changes are in comparison to the previously published unaudited financial results from March 31, 2025. The company has made the complete report available for download through their investor relations website and will provide hard copies of the Annual Report, including audited financial statements, to shareholders upon request.