Ellomay Capital Ltd. Closes Investment Transaction with Clal Insurance Company Ltd.

Ellomay Capital Ltd. has announced the successful closing of an investment transaction with Clal Insurance Company Ltd., a leading Israeli institutional investor. The transaction involves Ellomay's 198 MW solar portfolio operating projects and projects under construction and development in Italy. Clal received a 49% interest in the portfolio in consideration for its investment. This partnership marks a significant milestone in Ellomay's strategic growth and development plan, with Clal's vote of confidence in Ellomay's vision, portfolio, and leadership team.

Key Takeaways:

Ellomay Capital Ltd. has closed an investment transaction with Clal Insurance Company Ltd. for its 198 MW solar portfolio in Italy, with Clal receiving a 49% interest in the portfolio.
The transaction is a significant milestone in Ellomay's strategic growth and development plan, demonstrating Clal's confidence in the company's vision, portfolio, and leadership team.
Ellomay is a renewable energy and power generator and developer with a significant presence in Europe, Israel, and the USA.
The company has invested in a range of renewable energy and power projects, including solar power plants in Spain and Italy, anaerobic digestion plants in the Netherlands, and a pumped storage hydro power plant in Israel.
Ellomay has a diverse portfolio of projects, including a 300 MW solar plant in Spain, 160 MW solar projects in Italy, and 27 MW solar projects in the Dallas Metropolitan area, Texas, USA.
The company has a strong focus on developing and investing in renewable energy and clean energy projects, with a significant commitment to reducing its environmental impact.

Statistics:

Ellomay's solar portfolio in Italy has a total capacity of 198 MW.
Clal received a 49% interest in the portfolio as consideration for its investment.
Over 335.9 MW of operating solar power plants are in Spain and Italy.
Ellomay has a 9.375% indirect interest in Dorad Energy Ltd., which operates one of Israel's largest private power plants with a production capacity of approximately 850 MW.
Groen Gas Goor B.V. and Groen Gas Oude-Tonge B.V. operate anaerobic digestion plants in the Netherlands with a green gas production capacity of approximately 3 million and 3.8 million Nm3 per year, respectively.

Sources:

Ellomay Capital Ltd., "Ellomay Capital Ltd. Closes Investment Transaction with Clal Insurance Company Ltd." (GlobeNewswire, Tel-Aviv, Israel, June 20, 2025).
Ellomay Capital Ltd., "Item 4 of the Company's annual report on Form 20-F for the year ended December 31, 2024" (Securities and Exchange Commission, April 30, 2025).
Ellomay Capital Ltd., "About Ellomay Capital Ltd." (http://www.ellomay.com).
Ellomay Capital Ltd., "Forward-Looking Statements" (GlobeNewswire, Tel-Aviv, Israel, June 20, 2025).