N2OFF Advances $340,000 Payment to Gain Better Terms in Flag Solar Energy Initiative, Reflecting Approximately an Additional $1.7 Million in Project Profit Stake

Core Insights - N2OFF, Inc. is advancing its European portfolio through a partnership with Solterra Renewable Energy Ltd, focusing on solar energy projects in Germany [1][7] - The flagship German solar project is on track for approval in Q3 2026, with no objections during the public consultation phase [3][4] - An amendment to the development agreement has been executed, providing Solterra with $340,000 in advance funding while reducing development fees, potentially increasing profits by approximately $1.7 million [5][10] Project Development - The permitting process for the German solar project is nearing completion, with a clear development timeline maintained [4] - The project has successfully reduced regulatory risks and improved development economics, enhancing long-term project viability [6][7] Financial Implications - The transaction represents an efficient redeployment of capital, improving project economics and increasing embedded equity value [6] - Enhanced monetization optionality is anticipated, with multiple pathways for value realization expected to begin in H2 2026 [10]