TEL-AVIV, Israel, May 30, 2025 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and USA, today reported the publication in Israel of financial statements as of and for the three months ended March 31, 2025 of Dorad Energy Ltd. (“Dorad”), in which Ellomay currently indirectly holds approximately 9.4% through its indirect 50% ownership of Ellomay Luzon ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2025 Commission File Number: 001-35284 Ellomay Capital Ltd. (Translation of registrant's name into English) 1 Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly auth ...

Tel-Aviv, Israel, April 30, 2025 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, today announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2024 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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Core Viewpoint - Ellomay Capital Ltd. has entered into an investment agreement with Clal Insurance Ltd. for an investment of approximately €52 million, aimed at developing a solar portfolio in Italy with a total capacity of 198 MW [1][2][8]. Investment Agreement Details - The Clal Agreement establishes a new Israeli limited partnership where Ellomay will hold 51% and Clal will hold 49% of the limited partner interests [2]. - The partnership will own a Luxembourg entity that will receive shares from seven Italian project companies, which include solar facilities with 38 MW operational capacity and an additional 160 MW that are Ready-to-Build [2][5]. Financial Commitments and Structure - Clal is obligated to provide its pro rata share for the development of the Italian Solar Portfolio, while Ellomay has already fulfilled its funding commitment [5]. - The Clal Warrant allows Clal to purchase 416,000 ordinary shares of Ellomay at an exercise price of approximately $18.5 per share, valid for 26 months [6]. Governance and Rights - The Clal PA outlines the governance structure, management, and funding mechanisms for the Israeli LP, including rights for limited partners such as tag-along rights and veto rights [5]. - Clal has a right of first look for future investments in other solar projects developed by Ellomay in Italy [3]. Regulatory and Closing Conditions - The consummation of the transactions is subject to customary closing conditions, including regulatory approvals [7]. Company Background - Ellomay Capital Ltd. focuses on renewable energy projects in Europe, the USA, and Israel, with significant investments in solar power plants and other renewable energy initiatives [9][10].

Core Viewpoint - Ellomay Capital Ltd. reported a significant decline in annual revenues and a shift from profit to loss for the year ended December 31, 2024, primarily due to reduced electricity prices in Spain and operational challenges, while also highlighting advancements in project development across various regions [1]. Financial Overview for the Year Ended December 31, 2024 - Total assets increased to approximately €676.7 million from €612.9 million in 2023 [4]. - Revenues for the year were approximately €40.5 million, down from €48.8 million in 2023, attributed to lower electricity prices and operational disruptions [4]. - Loss from continuing operations was approximately €9.6 million, compared to a profit of €2.4 million in 2023 [4]. - EBITDA for the year was approximately €25.1 million, an increase from €18.8 million in 2023 [4]. - Operating expenses decreased to approximately €19.8 million from €22.9 million in 2023, mainly due to reduced direct taxes on electricity production [4]. - Financing expenses rose significantly to approximately €19.7 million from €3.6 million in 2023, largely due to exchange rate differences and increased interest expenses [4]. Project Development and Future Prospects - The company made significant progress in project development, with new projects in Italy, the USA, the Netherlands, and Israel expected to enhance future revenues [6][7]. - In Italy, financing agreements for projects with a total capacity of 198 MW were executed, with construction expected to commence in Q2 2025 [6][15]. - In the USA, construction of solar projects totaling approximately 49 MW began in early 2024, with additional projects planned for 2025 [14]. - In the Netherlands, licenses to expand biogas facilities by 50% were advanced, which is anticipated to increase income and EBITDA [19]. Operational Challenges and Adjustments - The company faced operational challenges, including a fire incident that resulted in a loss of approximately €1.7 million in revenues, which will be compensated by insurance [4][10]. - The decrease in revenues was also influenced by low electricity prices in Spain during the first half of 2024 [10]. - The company recorded a total comprehensive income of approximately €3.6 million for the year, down from €41.9 million in 2023, primarily due to foreign currency translation adjustments [12]. Shareholder and Equity Information - The company’s total equity attributed to shareholders was approximately €118.2 million as of December 31, 2024, compared to €115 million in 2023 [28]. - The share of profits from equity accounted investees increased to approximately €11.1 million from €4.3 million in 2023, driven by higher electricity production at Dorad Energy Ltd. [4][12].

Core Viewpoint - Ellomay Capital Ltd. reported its indirect share in Dorad Energy Ltd.'s financial results for the year ended December 31, 2024, highlighting the company's involvement in the renewable energy sector and its financial performance through its ownership in Ellomay Luzon Energy [1][3]. Financial Performance - Dorad's revenues for the year ended December 31, 2024, were approximately NIS 2,863.8 million, an increase from NIS 2,722.4 million in 2023 [8][13]. - The operating profit for Dorad in 2024 was approximately NIS 620.3 million, compared to NIS 466.5 million in 2023 [8][13]. - Dorad's net profit for the year was approximately NIS 452.3 million, significantly up from NIS 211.3 million in 2023 [13]. Seasonal Demand and Tariffs - The demand for electricity from Dorad's customers is seasonal, with higher consumption during winter and summer months due to extreme climate conditions [4]. - The average electricity consumption is higher in summer, influenced by time tariffs (TAOZ), which are generally higher during peak demand periods [4]. Impact of External Factors - Dorad's financial statements noted the impact of the ongoing war situation in Israel, stating that while the short-term business results would be immaterially affected, the long-term effects remain uncertain [5]. - The company received approximately $130 million in December 2024 from an arbitration ruling, which positively impacted its net profit for the year by approximately NIS 215.6 million after taxes [6]. Financial Position - As of December 31, 2024, Dorad's total assets were approximately NIS 4,437.4 million, an increase from NIS 4,165.2 million in 2023 [12]. - Total equity increased to approximately NIS 1,617.3 million in 2024 from NIS 1,289.9 million in 2023, reflecting strong retained earnings growth [12][15]. Cash Flow Analysis - Dorad reported net cash from operating activities of approximately NIS 705.9 million for 2024, up from NIS 613.8 million in 2023 [16]. - The company experienced a net increase in cash and cash equivalents to approximately NIS 846.6 million by the end of 2024, compared to NIS 219.2 million at the end of 2023 [16].

Core Viewpoint - Ellomay Capital Ltd. has entered into financing agreements for its Italian Solar Portfolio, which includes both operational and ready-to-build solar projects, totaling 198 MW in capacity [1][2]. Group 1: Financing Details - The Project Finance amounts to up to €110 million, structured as senior secured notes issued in multiple tranches during the construction phase [2]. - The notes will mature on December 31, 2047, with semi-annual repayments and an interest rate of 4.50% per annum [2]. Group 2: Project Overview - The Italian Solar Portfolio consists of three solar facilities with a combined capacity of approximately 38 MW that are already operational and connected to the grid [1]. - Additionally, there are projects with a total capacity of around 160 MW that have reached ready-to-build status [1]. Group 3: Company Background - Ellomay Capital Ltd. is based in Israel and focuses on renewable energy and power sectors across Europe, the USA, and Israel since 2009 [4]. - The company has made significant investments in renewable energy projects in various countries, including Israel, Italy, Spain, the Netherlands, and Texas, USA [5].

Core Viewpoint - Ellomay Capital Ltd. has announced the approval of the terms of service and compensation for Mr. Ben Sheizaf, the Chairman of the Board, during an extraordinary general meeting held on January 30, 2025 [1]. Company Overview - Ellomay Capital Ltd. is an Israeli company focused on renewable energy and power generation, with shares listed on the NYSE American and the Tel Aviv Stock Exchange under the symbol "ELLO" [3]. - The company has been operating since 2009, concentrating its efforts in the renewable energy sector across Europe, the USA, and Israel [3]. Investment and Projects - Ellomay has invested significantly in various renewable energy projects, including: - Approximately 353.9 MW of operating solar power plants in Spain, including a 300 MW solar plant owned by Talasol, which is 51% owned by the company [6]. - Approximately 38 MW of operating solar power plants in Italy [6]. - A 9.375% indirect interest in Dorad Energy Ltd., which operates one of Israel's largest private power plants with a capacity of approximately 850 MW, accounting for about 6%-8% of Israel's total electricity consumption [6]. - Project companies in the Netherlands operating anaerobic digestion plants with a combined green gas production capacity of approximately 16.3 million Nm3 per year [6]. - An 83.333% stake in Ellomay Pumped Storage (2014) Ltd., which is constructing a 156 MW pumped storage hydro power plant in Israel [6]. - Solar projects in Italy with a total capacity of 195 MW that are ready to build [6]. - Solar projects in the Dallas Metropolitan area, Texas, USA, with a total capacity of 49 MW currently under construction [6].

Core Viewpoint - Ellomay Capital Ltd. reported a decline in revenues and profits for the nine months ended September 30, 2024, primarily due to decreased electricity prices in Spain and operational challenges, including fire damage to projects. However, the company continues to develop new solar projects in the USA and Italy, which may provide future growth opportunities. Financial Performance - Total assets as of September 30, 2024, were approximately €640 million, up from €612.9 million as of December 31, 2023 [2] - Revenues for the three months ended September 30, 2024, were approximately €12.3 million, down from €15.4 million for the same period in 2023. For the nine months ended September 30, 2024, revenues were approximately €31.8 million, compared to €40.4 million in 2023 [2][10] - Profit from continuing operations for the three months ended September 30, 2024, was approximately €6.6 million, compared to €5.8 million in 2023. For the nine months, profit from continuing operations was approximately €3.2 million, down from €10.4 million in 2023 [2][10] - EBITDA for the three months ended September 30, 2024, was approximately €11 million, compared to €11.6 million in 2023. For the nine months, EBITDA was approximately €17.6 million, down from €21.3 million in 2023 [2][10] Operational Highlights - The company executed an agreement to sell its holdings in a 9 MW solar plant in Talmei Yosef, with net consideration of approximately NIS 42.6 million (about €10.6 million) received at closing [2] - In the USA, the company is developing solar projects with a total capacity of approximately 49 MW, with construction of the first four projects beginning in early 2024 [5] - In Italy, the company has a portfolio of 462 MW solar projects, with 20 MW currently operating and 18 MW awaiting grid connection. Revenues from electricity sales in Italy for the third quarter of 2024 were approximately €1.7 million [13] Market Conditions - The decrease in revenues was mainly attributed to low electricity prices in Spain, which were negative at times during the first half of 2024. Additionally, fire damage in July 2024 resulted in a revenue loss of approximately €1.2 million, which is expected to be covered by insurance [4][10] - Operating expenses for the nine months ended September 30, 2024, were approximately €14.5 million, down from €17.4 million in 2023, primarily due to reduced direct taxes on electricity production [10] - The company’s Dutch biogas plants temporarily exited the subsidy regime, impacting cash flow, but have since returned to the subsidy regime [3] Comprehensive Income - Total comprehensive income for the nine months ended September 30, 2024, was approximately €5.9 million, compared to €42 million in 2023 [3][10] - Other income for the nine months ended September 30, 2024, was approximately €2.9 million, recognized based on expected compensation from insurance related to the fire incident [10]