| --- | --- | |--------------------------------------------------------------------------------------------------------|-----------------------------------------------------| | | For the four-quarter period ended March 31, 2024 | | | Unaudited | | | € in thousands | | Loss for the period | (7,569) | | Financing expenses, net | 8,892 | | Tax benefit | (1,008) | | Depreciation and amortization expenses | 15,952 | | Share-based payments | 120 | | Adjustment to revenues of the Talmei Yosef PV Plant due to calcu ...

1. Reelection of Shlomo Nehama, Ran Fridrich, Anita Leviant and Ehud Gil as directors; 4. Approval of grant and extension of an exemption to office holders who are deemed to be controlling shareholders; Shareholders of record as of the close of business on June 20, 2024 will be entitled to vote at the Meeting or any adjournments or postponements thereof. The Company plans to mail a proxy statement that describes the proposals to be considered at the Meeting and a proxy card on or about June 21, 2024. A prox ...

Core Viewpoint - Ellomay Capital Ltd. has successfully executed a project finance facility for its solar PV plant in Spain and completed the sale of its Talmei Yosef PV plant in Israel, enhancing its cash reserves for future renewable energy projects [1][8]. Project Finance for Ellomay Solar PV Plant - Ellomay Solar, a wholly-owned subsidiary, secured a project finance arrangement with Bankinter, S.A. for its 28 MW PV plant in Talaván, Spain, which was connected to the grid in June 2022 [2]. - The project finance consists of a €10 million senior term loan and a €500,000 revolving facility, with a term of 16 years and semi-annual repayments [3]. - The financing includes a cash sweep mechanism, potentially reducing the term to approximately 13 years [3]. - The interest rate on the term loan and revolving facility is Euribor 6-month plus 2.5%, with a fixed annual interest rate of approximately 5.5% after a swap agreement [4]. - Mandatory prepayment conditions and covenants are included, such as maintaining a debt service coverage ratio (DSCR) of at least 1.05:1 [5]. - Upon financial closing, Ellomay Solar withdrew €9.7 million from the term loan [6]. Sale of Talmei Yosef PV Plant - The company completed the sale of its 9 MW Talmei Yosef PV plant in Israel to Greenlight Fund Limited Partnership and Doral Group Renewable Energy Resources Ltd., with a net consideration of approximately NIS 42.6 million (about €10.6 million) [7]. Future Plans and Developments - The CEO stated that the financial closing and sale will increase cash reserves, which will be allocated to accelerate the construction of PV projects in the USA and Italy [8]. - Currently, the company is constructing approximately 50 MW of PV in Texas and 40 MW in the Lazio Region, Italy, without external financing [8]. Company Overview - Ellomay Capital Ltd. is an Israeli company focused on renewable energy and power sectors in Europe and Israel, with shares listed on NYSE American and the Tel Aviv Stock Exchange [9]. - The company has invested significantly in renewable energy projects, including approximately 35.9 MW of photovoltaic power plants in Spain and a 4.95 MW plant in Italy [9].

Core Viewpoint - Ellomay Capital Ltd. reported its indirect share of Dorad Energy Ltd.'s financial results for the quarter ended March 31, 2024, highlighting the company's involvement in renewable energy projects and its financial performance through its stake in Dorad [1][3]. Financial Performance - Dorad's unaudited revenues for the three months ended March 31, 2024, were approximately NIS 610.9 million [4]. - The operating profit for the same period was approximately NIS 118.6 million [4]. - Dorad's revenues are influenced by seasonal electricity demand, with higher consumption during winter and summer months compared to intermediate seasons [5]. Impact of External Factors - The financial statements note the ongoing war situation in Israel, which may have an impact on Dorad's results, although the short-term effect is estimated to be immaterial [6]. - The results for the first quarter of 2024 may not be indicative of future performance due to various factors, including seasonal demand and economic conditions [5][6]. Company Overview - Ellomay Capital focuses on renewable energy and power sectors in Europe and Israel, with significant investments in photovoltaic power plants and other renewable energy projects [8]. - The company 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 [8].

Form 20-F ☒ Form 40-F ☐ This Report on Form 6-K of Ellomay Capital Ltd. consists of the following document, which is attached hereto and incorporated by reference herein: Exhibit 99.1. Press Release: "Ellomay Capital Announces the Filing of the Annual Report on Form 20-F for 2023," dated April 18, 2024. 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 ...

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 s ...

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, 2023 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 ...

Exhibit 99.1 Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2023 Tel-Aviv, Israel, March 31, 2024 – 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 the USA, today reported its unaudited financial results for the fourth quarter and year ended December 31, 2023. 2 ● Revenues were approximately €48.8 million for the year ended December 31, 202 ...

TEL-AVIV, Israel, March 31, 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 reported its unaudited financial results for the fourth quarter and year ended December 31, 2023. Financial Highlights •  Total assets as of December 31, 2023 amounted to approximately €611.7 million, compared to total assets as of December 31, 202 ...

TEL-AVIV, Israel, March 5, 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, USA and Israel, today announced that it reached a significant milestone in its strategic business plan. The Company successfully executed agreements for the engineering, procurement and construction ("EPC") of its first photovoltaic projects in the State of Texas, USA, which ...