Ellomay Capital Announces the Filing of the Annual Report on Form 20-F for 2022

Rhea-AI Summary

Ellomay Capital Ltd. has filed its Annual Report on Form 20-F for the year ended December 31, 2022, with the Securities and Exchange Commission. The report is accessible on the company's website, and hard copies are available to shareholders upon request. Ellomay, operational in renewable energy sectors in Europe and Israel, has significant investments in various projects, including approximately 35.9 MW of photovoltaic power in Spain and 9 MW in Israel. The company also holds stakes in major power plants and anaerobic digestion projects, enhancing its portfolio in clean energy.

Positive

• Filed Annual Report on Form 20-F for 2022, enhancing transparency.
• Diverse investment portfolio in renewable energy with projects across Europe and Israel.
• Significant stakes in major power generation facilities, providing revenue potential.

Negative

• None.

TEL-AVIV, Israel, April 7, 2023 /PRNewswire/ -- 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 the filing of its Annual Report on Form 20-F for the year ended December 31, 2022 with the Securities and Exchange Commission.

A copy of the Annual Report on Form 20-F is available to be viewed and downloaded from the Investor Relations section of the Company's website at http://www.ellomay.com. The Company will provide a hard copy of the Annual Report on Form 20-F, including the Company's complete audited financial statements, free of charge to its shareholders upon request.

About Ellomay Capital Ltd.

Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol 'ELLO'. Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe and Israel.

To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy and Spain, including:

• Approximately 35.9 MW of photovoltaic power plants in Spain and a photovoltaic power plant of approximately 9 MW in Israel;
• 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel's largest private power plants with production capacity of approximately 860MW, representing about 6%-8% of Israel's total current electricity consumption;
• 51% of Talasol, which owns a photovoltaic plant with a peak capacity of 300MW in the municipality of Talaván, Cáceres, Spain;
• Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million Nm3 per year, respectively;
• 83.333% of Ellomay Pumped Storage (2014) Ltd., which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel;
• Ellomay Solar Italy One SRL and Ellomay Solar Italy Two SRL that are constructing photovoltaic plants with installed capacity of 14.8 MW and 4.95 MW, respectively, in the Lazio Region, Italy; and
• Ellomay Solar Italy Four SRL, Ellomay Solar Italy Five SRL and Ellomay Solar Italy Ten SRL that are developing photovoltaic projects with installed capacity of 15.06 MW, 87.2 MW and 18 MW, respectively, in the Lazio Region, Italy that have reached 'ready to build' status.

For more information about Ellomay, visit http://www.ellomay.com.

Contact:

Kalia Rubenbach (Weintraub)
CFO
Tel: +972 (3) 797-1111
Email: hilai@ellomay.com

 

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SOURCE Ellomay Capital Ltd.

FAQ

What is the significance of Ellomay's Annual Report filing for 2022?

The filing enhances transparency for investors and provides updated financial information.

What projects does Ellomay Capital have in its renewable energy portfolio?

Ellomay has investments in photovoltaic power plants, power generation facilities, and anaerobic digestion projects in Israel, Spain, and Italy.

Where can I access Ellomay Capital's 2022 Annual Report?

The 2022 Annual Report is available on Ellomay's website in the Investor Relations section.

What is Ellomay's stock symbol?

Ellomay Capital trades under the symbol 'ELLO' on the NYSE American and the Tel Aviv Stock Exchange.