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Ellomay Cap - ELLO STOCK NEWS

Welcome to our dedicated page for Ellomay Cap news (Ticker: ELLO), a resource for investors and traders seeking the latest updates and insights on Ellomay Cap stock.

Company Overview

Ellomay Capital Ltd (ELLO) is an Israeli-based holding company with a concentrated focus on the renewable energy and utility sectors. With operations spanning across Spain, Israel, and beyond, Ellomay integrates various energy-generation and infrastructure assets, including photovoltaic (PV) power plants, pumped hydro storage facilities, and anaerobic digestion projects. By harnessing long-term power purchase agreements (PPAs) and innovative project development methodologies, the company has established a strong presence in the highly competitive utility market.

Core Business Segments

Ellomay Capital’s business is organized into several distinct segments that underline its diversified approach:

  • Photovoltaic Power Plants: The company invests in and operates solar projects that deliver renewable power through long-term contracts, reducing the impact of market volatility and ensuring consistent revenue streams.
  • Pumped Hydro Storage: With its advanced pumped storage projects, notably the Manara Pumped Storage Project, Ellomay contributes to grid stability and energy management, offering an efficient way to store and distribute renewable energy.
  • Utility Operations: The Dorad segment represents a critical component of Ellomay’s portfolio, where established gas-fired power generation is optimized through operational improvements and regulatory advantages.
  • Biogas and Renewable Gas Facilities: In addition to solar and hydro projects, Ellomay’s involvement in anaerobic digestion plants in the Netherlands adds another layer to its renewable energy mix, supporting the green certificates market and sustainable energy production.

Geographic Focus and Market Position

While Ellomay is based in Israel, a significant portion of its revenue is derived from operations in Spain, where favorable regulatory frameworks and long-term PPAs provide stability in an otherwise dynamic market. The company has also diversified its project pipeline across Europe and the USA, reflecting a strategic approach to market opportunities and infrastructure development. This geographic spread not only mitigates regional risks but also enhances the company’s expertise in managing projects under varying regulatory environments and market conditions.

Operational Strengths and Competitive Differentiation

Ellomay Capital leverages its deep industry knowledge to execute projects across both mature and emerging renewable energy markets. Key strengths include:

  • Robust Project Portfolio: A mix of operating assets and projects under development, spanning solar, hydro, and gas generation, positions the company as a comprehensive player in the utility sector.
  • Long-Term Contracts: Its emphasis on PPAs ensures that a large portion of its energy is sold at predetermined prices, reducing exposure to real-time market fluctuations.
  • Regulatory Expertise: Operating across diverse jurisdictions, Ellomay demonstrates a nuanced understanding of local regulatory environments, enabling effective navigation of legislative changes and incentives.
  • Technological Integration: The company applies state-of-the-art technology in its plant operations and project management, which reinforces operational efficiency and asset reliability.

Industry Terminology and Strategic Insights

In detailing its operations, Ellomay Capital uses specific industry terms such as photovoltaic, pumped hydro, and renewable energy to offer a clear picture of its technical and operational footprint. These terms not only define the nature of its assets but also underscore the company’s commitment to clean energy solutions, aligning with global trends toward sustainable power generation.

Conclusion

Ellomay Capital Ltd is a multifaceted holding company that plays a significant role in the renewable energy and utility sectors. Its strategic investments in solar power, pumped storage, and efficient operational assets highlight its expertise and commitment to transforming the energy landscape. Through its diversified portfolio and emphasis on long-term stability, Ellomay provides a comprehensive view of modern energy infrastructure and its evolution in a competitive market environment.

Rhea-AI Summary
Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) announced the sale of its holdings in the 9 MW solar facility located in Talmei Yosef, Israel to Greenlight Fund Limited Partnership and Doral Group Renewable Energy Resources Ltd. for NIS 44.75 million, with a potential additional payment of up to NIS 4 million. The sale is subject to various conditions, including regulatory approvals and the end of the war in southern Israel. The company will maintain the rights to two projects under development in the vicinity of the sold facility.
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Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) reported unaudited financial results for the three and nine month periods ended September 30, 2023. Total assets amounted to approximately €612.3 million. Revenues for the nine months ended September 30, 2023 were approximately €41.1 million. Profit for the nine months ended September 30, 2023 was approximately €10.4 million. EBITDA for the nine months ended September 30, 2023 was approximately €21.5 million.
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Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) reported the publication of Dorad Energy Ltd.'s financial statements for the three and nine months ended September 30, 2023. Dorad's unaudited revenues for the three months ended September 30, 2023 were approximately NIS 930.8 million, with an operating profit of approximately NIS 221.1 million. The demand for electricity by Dorad's customers is seasonal, with higher consumption and revenues during the summer and winter seasons. The financial statements include a note concerning the impact of the war in Israel, stating that the security situation resulted in a decrease in economic and business activity in Israel, but the events are not expected to have a material impact on Dorad's business results in the short term.
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Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) held its annual general meeting on December 11, 2023, where several proposals were adopted and approved by the required majority. The proposals included the reelection of directors, approval of terms of service for directors, grant of options to external directors, approval of compensation policy, and reappointment of independent auditors. For more details, refer to the Company's Notice and Proxy Statement submitted to the SEC on November 2, 2023.
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Ellomay Capital Ltd. will hold its annual general meeting of shareholders on December 11, 2023. The agenda includes the reelection of directors, approval of terms of service for directors, grant of options to directors, and approval of compensation policies. Shareholders of record as of November 7, 2023, will be entitled to vote.
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Ellomay Capital Ltd. reports unaudited financial results for the three and six month periods ended June 30, 2023.
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Ellomay Capital reports financial statements for Dorad Energy Ltd. for Q2 2023. Dorad's unaudited revenues for the quarter were approximately NIS 606.2 million, with an operating profit of approximately NIS 84 million. Results may not be indicative of full year results due to seasonal demand and tariff changes.
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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.

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FAQ

What is the current stock price of Ellomay Cap (ELLO)?

The current stock price of Ellomay Cap (ELLO) is $16.4 as of March 7, 2025.

What is the market cap of Ellomay Cap (ELLO)?

The market cap of Ellomay Cap (ELLO) is approximately 210.8M.

What is the core business of Ellomay Capital Ltd?

Ellomay Capital Ltd is primarily a holding company focused on renewable energy and utility infrastructure, with investments in photovoltaic power plants, pumped hydro storage, and other energy projects.

In which geographic markets does Ellomay operate?

Ellomay derives significant revenue from Spain and has operational projects in Israel, Europe, and the USA, reflecting a diversified geographic portfolio.

What types of renewable energy projects does Ellomay focus on?

The company is involved in constructing and operating solar power plants, developing advanced pumped hydro storage facilities, and managing biogas projects, all contributing to its renewable energy mix.

How does Ellomay manage market volatility in energy prices?

Ellomay relies on long-term power purchase agreements (PPAs) for its solar projects, which help stabilize revenues despite fluctuations in energy prices.

What role does the Dorad segment play in Ellomay's operations?

The Dorad segment is a critical part of the company's portfolio, generating significant revenue through optimized utility operations within the power generation sector.

How is technology integrated into Ellomay's operations?

Ellomay employs modern technology for efficient project management and operational oversight, enhancing the reliability and performance of its renewable energy assets.

What differentiates Ellomay in the renewable energy sector?

Ellomay's diversified asset portfolio, its strategic use of long-term contracts, and its expertise in navigating diverse regulatory environments set it apart in the renewable energy landscape.

How does Ellomay contribute to grid stability and sustainable energy production?

Through its investments in pumped hydro storage and biogas facilities coupled with long-term PPAs, Ellomay plays a key role in balancing energy supply, enhancing grid stability, and supporting sustainable energy initiatives.
Ellomay Cap

NYSE:ELLO

ELLO Rankings

ELLO Stock Data

210.78M
6.39M
50.32%
24.16%
Utilities - Renewable
Utilities
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Israel
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