Frankfurt:NUR

Ellomay Capital Announces the Filing of the Annual Report on Form 20-F for 2023

Retrieved on: 
Thursday, April 18, 2024
Annual report, Bank statement, Security (finance), TEL

TEL AVIV, Israel, April 18, 2024 /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, Israel and the USA, today announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2023 with the Securities and Exchange Commission.

Key Points: 
  • TEL AVIV, Israel, April 18, 2024 /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, Israel and the USA, today announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2023 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.

Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2023

Retrieved on: 
Sunday, March 31, 2024
Shekel, Season, Tax, Agreement, Dorad Power Station, SWAP, Sale, P-50, Depreciation, Disclosure, Bank statement, RDL, Electricity, Klahim, Legislation, AMPA, Iron, Public expenditure, Good, Israeli new shekel, PPA, Zorlu, Komemiyut, Bank Mizrahi-Tefahot, Acquisition, PV, EBIDTA, Loss, D&O, Greenhouse, Government, Total, Renewable energy

•  Operating expenses were approximately €22.9 million for the year ended December 31, 2023, compared to approximately €23.7 million for the year ended December 31, 2022.

Key Points: 
  • •  Operating expenses were approximately €22.9 million for the year ended December 31, 2023, compared to approximately €23.7 million for the year ended December 31, 2022.
  • •  Project development costs were approximately €4.5 million for the year ended December 31, 2023, compared to approximately €3.8 million for the year ended December 31, 2022.
  • During 2023, the Ellomay Solar project (28 MW) produced revenues from the sale of electricity and green certificates of approximately €4 million.
  • The Company's EBITDA may not be indicative of the Company's historic operating results; nor is it meant to be predictive of potential future results.

Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. for the Three and Six Month Periods Ended June 30, 2023

Retrieved on: 
Thursday, August 24, 2023
Amos, International, Bank statement, WEC Energy Group, Electricity, Season, TEL, TASE, NYSE, Cryptocurrency, Dorad Power Station

Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.

Key Points: 
  • Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.
  • The financial statements of Dorad for the quarter ended June 30, 2023 were prepared in accordance with International Financial Reporting Standards.
  • Ellomay will include its indirect share of these results (through its holdings in Ellomay Luzon Energy) in its financial results for this period.
  • Neither Ellomay nor its independent public accountants have reviewed or consulted with the Luzon Group, Ellomay Luzon Energy or Dorad with respect to the financial results included in this press release.

Ellomay Capital Announces Entry into the US Solar Photovoltaic Market

Retrieved on: 
Tuesday, March 21, 2023
Metro, Joint, JDA, Metre, Electricity, Dallas–Fort Worth metroplex, Acquisition, TASE, Power purchase agreement, Growth, NYSE, Real-time, Renewable energy, ERCOT

TEL-AVIV, Israel, March 21, 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 its entry into a Joint Development Agreement (the "JDA") for the development of solar photovoltaic projects in the State of Texas.

Key Points: 
  • The JDA was executed with a project development company experienced in the development of energy projects, site acquisition, capital markets and commercial management.
  • The JDA provides for the initial development, design, construction and finance of two solar PV projects with aggregate projected DC capacity of 23 MW (the "First Projects").
  • The First Projects are in advanced stages of development and the estimated capital costs of the First Projects are in the range of $25-$27 million.
  • Ellomay views the entry into the Ercot North Market as an important but careful step into the vast US electricity market, focusing on the State of Texas that has and is experiencing high economic and electricity demand growth."

Ellomay Capital Announces the Successful Connection of the Ellomay Solar Photovoltaic Plant to the Spanish Electricity Grid

Retrieved on: 
Tuesday, June 14, 2022
EPC, P50, Time, Company, PAC, U.S. Securities and Exchange Commission, COVID-19, Digestion, Annual report, Tel Aviv Stock Exchange, Security (finance), NYSE American, TASE, Sale, Electricity, Private Securities Litigation Reform Act, NYSE, Plant, Power, Electric Bond and Share Company v. Securities and Exchange Commission, Renewable energy

In parallel, hot commissioning tests have been initiated by the EPC contractor and PAC is currently expected on or about June 24, 2022.

Key Points: 
  • In parallel, hot commissioning tests have been initiated by the EPC contractor and PAC is currently expected on or about June 24, 2022.
  • The Ellomay Solar PV facility was constructed without outside financing ("full equity") at a cost of approximately 19 million.
  • The P50 expected annual production of the Ellomay Solar PV facility is approximately 53,000 MW.
  • The Ellomay Solar PV facility is expected to sell its output at market prices, which have significantly increased in recent months in Europe, including in Spain.

Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. for the Three Months Ended March 31, 2022

Retrieved on: 
Tuesday, May 24, 2022
Amos, Income, U.S. Securities and Exchange Commission, Company, Plant, Natural gas, International, Private Securities Litigation Reform Act, TEL, Health, Electricity, Mission statement, Government, Coronavirus, TASE, COVID-19, Ownership, WEC Energy Group, Tel Aviv Stock Exchange, Method, NYSE American, Time, Season, Maintenance, Security (finance), NYSE, Annual report, Renewable energy, Online gambling, Dorad Power Station

Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.

Key Points: 
  • Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.
  • The financial statements of Dorad for the quarter ended March 31, 2022 were prepared in accordance with International Financial Reporting Standards.
  • Ellomay will include its indirect share of these results (through its holdings in Dori Energy) in its financial results for this period.
  • Dorad's unaudited revenues for the three months ended March 31, 2022 - approximately NIS 555.4 million.