Core Viewpoint - Ellomay Capital Ltd. reported its indirect share in Dorad Energy Ltd.'s financial results for the three months ended March 31, 2025, highlighting its 9.4% ownership through Ellomay Luzon Energy [1][3]. Financial Performance - Dorad's revenues for the three months ended March 31, 2025, were approximately NIS 610.6 million, with an operating profit of approximately NIS 76.9 million [7][15]. - The financial results indicate that Dorad's electricity demand is seasonal, with higher consumption during winter and summer months, affecting revenue and operational performance [4]. Financial Statements Overview - The financial statements of Dorad were prepared in accordance with International Financial Reporting Standards and will be included in Ellomay's financial results for the period [3]. - Dorad's total assets as of March 31, 2025, were approximately NIS 4.67 billion, with total liabilities of approximately NIS 2.31 billion and total equity of approximately NIS 1.67 billion [12][14]. Cash Flow Analysis - For the three months ended March 31, 2025, Dorad reported net cash from operating activities of approximately NIS 190.1 million, with a net increase in cash and cash equivalents to approximately NIS 1.03 billion [19][20]. Company Background - Ellomay Capital Ltd. focuses on renewable energy and power sectors in Europe, the USA, and Israel, with significant investments in solar power and other renewable projects [6][8].

Regulatory Compliance - Ellomay Capital Ltd. filed its Annual Report on Form 20-F for 2024 on April 30, 2025[3] - The report is part of the requirements under the Securities Exchange Act of 1934[5] - The filing indicates compliance with regulatory obligations for foreign private issuers[2]

Core Viewpoint - Ellomay Capital Ltd. has filed its Annual Report on Form 20-F for the year ended December 31, 2024, with the Securities and Exchange Commission, highlighting its focus on renewable energy projects in Europe, the USA, and Israel [1]. Financial Performance - The Annual Report indicates a decrease of approximately €0.6 million in depreciation and amortization costs and a decrease of approximately €0.1 million in tax benefit for the year ended December 31, 2024, compared to the unaudited financial results published on March 31, 2025 [3]. Company Overview - Ellomay Capital Ltd. is an Israeli company listed on the NYSE American and the Tel Aviv Stock Exchange under the symbol "ELLO," focusing on renewable energy and power sectors since 2009 [4]. - The company has invested in various renewable energy projects, including approximately 335.9 MW of operating solar power plants in Spain and 38 MW in Italy [4]. - Ellomay holds 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 [4]. - The company is involved in anaerobic digestion projects in the Netherlands with a combined green gas production capacity of approximately 16.3 million Nm3 per year [4]. - Ellomay is also developing a 156 MW pumped storage hydro power plant in Israel and has solar projects in Italy and Texas with a total capacity of approximately 343 MW [4].

Financial Reporting and Compliance - The company operates under IFRS® Accounting Standards, ensuring compliance with international financial reporting[20]. - The company has not reported any impact on its aggregate fixed assets due to the retrospective reclassification[13]. - The company emphasizes the importance of maintaining effective internal controls over financial reporting to mitigate risks[32]. - The company is characterized as an "accelerated filer," requiring effective internal controls over financial reporting, failure of which could negatively impact investor confidence[105]. Risks and Challenges - The report includes numerous risks, including regulatory changes affecting electricity prices and the potential reduction of government subsidies for renewable energy[31]. - The company faces risks related to its current debt, which has increased in recent years, and the ability to raise additional financing[31]. - The company is exposed to various geopolitical risks, including the impact of the military conflict between Russia and Ukraine on its operations[32]. - The company has identified potential risks related to its operations in foreign countries, including currency fluctuations and changing tax arrangements[32]. - The company is controlled by a small group of shareholders, which may affect governance and decision-making processes[32]. - The company faces risks related to land acquisition for project development, including disputes with landowners and new regulations prohibiting large-scale solar plants on productive agricultural land in Italy[51]. - Natural disasters and catastrophic events could disrupt operations, as evidenced by a fire affecting the Talasol and Ellomay Solar Plants, which temporarily reduced their operational capacity[53]. - The company is exposed to fluctuations in the Israeli CPI and exchange rates, which may adversely affect its results of operations and profitability[79]. - Political, economic, and military instability in Israel may adversely affect the company's business and prospects[90]. - The company is currently operating in a period of economic uncertainty and capital markets disruption due to geopolitical instability, impacting costs and supply chains[93]. - The company may face challenges in obtaining favorable financing terms due to rising interest rates and market instability[82]. - The company is exposed to risks from military conflicts, which may impact operations and financial markets, leading to potential liquidity issues[95]. - Legal proceedings could materially affect the company's operations and financial condition, leading to increased costs and delays[107]. Operational Performance - The company is dependent on revenues from the Talasol Solar Plant, highlighting its reliance on specific projects for cash flow[32]. - The company’s photovoltaic plant in Spain, Talasol, was impacted by a reduction mechanism for excess remuneration due to high natural gas prices, affecting operating profit[42]. - Electricity prices in Spain significantly declined in the first half of 2024, leading to reduced revenues from facilities not covered by subsidies[44]. - The company relies on contractors for the construction and operation of renewable energy plants, and any failure in their performance could lead to severe operational disruptions[45]. - The performance of renewable energy plants is heavily dependent on the quality of installed equipment and the reliability of suppliers, with potential adverse effects from defects or delays in obtaining replacement parts[47]. - The company’s WtE plants face risks related to feedstock availability and pricing, which could materially affect operational results[67]. - Increased transportation costs due to rising fuel prices could negatively impact the financial condition of WtE plants[68]. - The company’s ordinary shares are listed on both the NYSE American LLC and the Tel Aviv Stock Exchange, which may result in price variations[120]. - The market liquidity of the company's ordinary shares is limited, contributing to substantial price volatility[122]. Project Development and Investments - The company is currently developing a 156 MW pumped storage project in Israel and various solar projects in Italy, the United States, and Israel, facing risks related to regulatory permits and construction delays[40]. - The construction of the Manara Pumped Storage Project (PSP) commenced in April 2021, with a total funding scope of approximately NIS 1.27 billion[130]. - The Italian 198 MW Solar Portfolio includes solar facilities with an installed capacity of 19.8 MW and 18.1 MW, connected to the grid in February-May 2024 and January 2025, respectively[132]. - Financing for the Italian 198 MW Solar Portfolio is expected to be up to €110 million, with notes due on December 31, 2047, bearing interest at 4.50% per annum[133]. - The estimated cost of construction for the Italian 198 MW Solar Portfolio is approximately €200 million[134]. - The company has committed to provide its pro rata portion for the development of the 198 MW Solar Portfolio in Italy, with aggregate funding already provided[137]. - The company executed an agreement to sell its holdings in the 9 MW Talmei Yosef Solar Plant for NIS 44.75 million (approximately €11.2 million), with potential additional payments based on performance[147]. - The company is involved in the construction of the Manara Pumped Storage Project and various solar projects across multiple countries[167]. - There are approximately 262 MW of solar projects under advanced development in Italy and 800 MW in early development stages across Italy, the US, Spain, and Israel[144]. Financial Position and Debt - Total indebtedness as of December 31, 2024, was approximately €495 million, including principal and interest expected repayments[85]. - The company issued an additional aggregate principal amount of NIS 214,479,000 of new Series G Debentures after December 31, 2024[85]. - The Series G Debentures bear a fixed interest rate of 6.34% per year, payable semi-annually, with specific financial covenants to maintain[154]. - The Series E Secured Debentures issued by the company are secured by its holdings in Ellomay Luzon Energy, limiting its ability to sell these holdings[76]. Market Conditions and Competition - The renewable energy market is highly competitive, with new entrants potentially driving down prices per KWh, impacting project financing and profitability[58]. - The increase in demand for renewable energy components has led to price fluctuations, with solar panel prices decreasing significantly due to oversupply[54]. - Tariffs imposed on imports, particularly from China, could increase the costs of raw materials and components, impacting the financial feasibility of ongoing and future projects[55]. - The Trump administration's tariffs on Chinese goods could reach up to 245%, affecting the availability and prices of materials used in renewable energy facilities[56]. - The complexity of tax laws in various jurisdictions may increase the company's tax liabilities and administrative expenses, potentially affecting financial results[98]. - The OECD's proposals for a global minimum tax rate of 15% could lead to increased tax obligations for the company in multiple countries[100]. Revenue Projections - Revenue from the "Talasol" solar plant is projected to decrease from €24,971,000 in 2023 to €18,365,000 in 2024, reflecting a decline of approximately 26.4%[196]. - The "Ellomay Solar" plants in Italy are expected to generate revenues of €765,000 and €1,528,000 in 2024 for "Ellomay Solar Two" and "Ellomay Solar One" respectively, following their connection to the grid in February and May 2024[196]. - The annual consideration for operation and maintenance (O&M) services for the Talasol plant amounts to approximately €2.4 million, while the Ellomay Solar services total around €0.22 million annually[208]. Security and Operational Continuity - The Dorad Power Plant is located in southern Israel, near the Gaza Strip, and has implemented security measures to continue operations during missile attacks[69]. - The construction of the Manara PSP was halted due to attacks in northern Israel, with work resuming on April 7, 2025, after a ceasefire[69]. - Dorad's operations depend on the timely supply of natural gas from agreements with Tamar and Energean, which include a "take or pay" mechanism[77]. - The Israeli electricity sector is highly regulated, and any changes in tariffs or regulations could adversely affect Dorad's operations[70]. - The System Manager is the expected sole customer for the Manara PSP, and its financial stability is crucial for the project's success[72]. - Dorad's operations are subject to various risks, including equipment failures, cyber-attacks, and reliance on sole suppliers[77]. - Dorad Power Plant's compliance costs with environmental regulations are currently not material, but noncompliance could adversely affect profitability[79].

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].

Exhibit 99.1 Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2024 Tel-Aviv, Israel, Mar. 31, 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 reported its unaudited consolidated financial results for the fourth quarter and year ended December 31, 2024. Financial Highlights Financial Overview for the Year En ...

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].