AMEX:ELLO | Jotup

Ellomay Capital Announces the Filing of the Annual Report on Form 20-F for 2023

Retrieved on:

Thursday, April 18, 2024

Annual report, Bank statement, Security (finance), TEL

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.

Key Points:

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 section of the Company's website at http://www.ellomay.com .
The Company will provide a hard copy of the Annual Report on Form 20-F, including the Company's complete audited financial statements, free of charge to its shareholders upon request.

Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2023

Retrieved on:

Sunday, March 31, 2024

• Operating expenses were approximately €22.9 million for the year ended December 31, 2023, compared to approximately €23.7 million for the year ended December 31, 2022.

Key Points:

• Operating expenses were approximately €22.9 million for the year ended December 31, 2023, compared to approximately €23.7 million for the year ended December 31, 2022.
• Project development costs were approximately €4.5 million for the year ended December 31, 2023, compared to approximately €3.8 million for the year ended December 31, 2022.
During 2023, the Ellomay Solar project (28 MW) produced revenues from the sale of electricity and green certificates of approximately €4 million.
The Company's EBITDA may not be indicative of the Company's historic operating results; nor is it meant to be predictive of potential future results.

Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. for the Year Ended December 31, 2023

Retrieved on:

Wednesday, March 27, 2024

Electricity, Annual report, Hamas, Season, Natural gas, International, International Financial Reporting Standards, Bank statement, Ministry

Based on applicable regulatory requirements, the annual report of the Luzon Group includes the financial statements of Dorad for the same period.

Key Points:

Based on applicable regulatory requirements, the annual report of the Luzon Group includes the financial statements of Dorad for the same period.
The financial statements of Dorad for the year ended December 31, 2023 were prepared in accordance with International Financial Reporting Standards.
Ellomay will include its indirect share of these results (through its holdings in Ellomay Luzon Energy) in its financial results and financial statements for this period.
Neither Ellomay nor its independent public accountants have reviewed or consulted with the Luzon Group, Ellomay Luzon Energy or Dorad with respect to the financial results included in this press release.

Ellomay Capital Announces Launch of its First Photovoltaic Projects in Texas

Retrieved on:

Tuesday, March 5, 2024

Engineering, Growth, EPC, Renewable energy

The execution of these agreements marks a significant step in the advancement of the Company's photovoltaic portfolio in Texas, USA.

Key Points:

The execution of these agreements marks a significant step in the advancement of the Company's photovoltaic portfolio in Texas, USA.
The selected EPC contractor is renowned for its engineering expertise and high-quality construction of photovoltaic plants across the United States and the construction of these projects is expected to be completed within six months.
"The execution of EPC agreements for the Company's first US photovoltaic projects signifies an important moment for the Company's evolution in the US market.
The Company is actively exploring additional opportunities to leverage its expertise in renewable energy, aiming to broaden our project portfolio during 2024 and onwards," remarked Ran Fridrich, CEO and Director of Ellomay Capital.

Ellomay Capital Enters into an Agreement to Sell the Talmei Yosef Solar Facility

Retrieved on:

Wednesday, January 3, 2024

Sale, Agreement, Acquisition, Good, Renewable energy

TEL-AVIV, Israel, Jan. 3, 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 executed an agreement (the "Agreement") to sell its holdings in the 9 MW solar facility located in Talmei Yosef, Israel (the "Talmei Yosef Facility").

Key Points:

TEL-AVIV, Israel, Jan. 3, 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 executed an agreement (the "Agreement") to sell its holdings in the 9 MW solar facility located in Talmei Yosef, Israel (the "Talmei Yosef Facility").
The Agreement provides for a cutoff date of June 30, 2023 and the Company will be entitled to all revenues of the Talmei Yosef Facility up to such date, net of expenses for the period.
The consummation of the sale is subject to various customary conditions to closing, including receipt of regulatory approvals and the consent of the financing entity of the Talmei Yosef Facility.
One of the conditions to closing is the end of the war in southern Israel and that the Talmei Yosef Facility will be physically accessible.

Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. for the Three and Nine Month Periods Ended September 30, 2023

Retrieved on:

Monday, December 11, 2023

NYSE, International, Bank statement, Season, WEC Energy Group, Electricity, TASE, Cryptocurrency, Dorad Power Station

Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.

Key Points:

Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.
The financial statements of Dorad for the quarter ended September 30, 2023 were prepared in accordance with International Financial Reporting Standards.
Ellomay will include its indirect share of these results (through its holdings in Ellomay Luzon Energy) in its financial results for this period.
Neither Ellomay nor its independent public accountants have reviewed or consulted with the Luzon Group, Ellomay Luzon Energy or Dorad with respect to the financial results included in this press release.

Ellomay Capital Announces Results of 2023 Annual General Meeting of Shareholders

Retrieved on:

Monday, December 11, 2023

NYSE, Employment, Policy, Audit committee, Security (finance), Remuneration, AGM, TASE, Form 6-K, KPMG, Audit, Management

TEL-AVIV, Israel, Dec. 11, 2023 /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 at the annual general meeting of the Company's shareholders, held on December 11, 2023 (the "AGM"), the following proposals were adopted and approved by the required majority (including the special majority required in connection with proposals 2, 3, 5, 6, 7, 8, 9 and 10):

Key Points:

TEL-AVIV, Israel, Dec. 11, 2023 /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 at the annual general meeting of the Company's shareholders, held on December 11, 2023 (the "AGM"), the following proposals were adopted and approved by the required majority (including the special majority required in connection with proposals 2, 3, 5, 6, 7, 8, 9 and 10):
Reelection of Shlomo Nehama, Ran Fridrich, Anita Leviant and Ehud Gil as directors;
Reelection of Daniel Vaknin as an external director for a second three-year term;
Election of Dorit Ben Simon as an external director for a first three-year term;
Approval of the terms of service the external directors and update to the terms of service of non-executive directors;
Approval of grant of options to the external directors;
Approval of terms of service of Ehud Gil, a member of the Board of Directors;
Approval of grant of options to Ehud Gil, a member of the Board of Directors;
Approval of extension of an exemption previously provided to Ehud Gil, a member of the Board of Directors;
Approval of an updated compensation policy for the Company's officers and directors;
Approval of update to terms of employment of Asaf Nehama, the son of Shlomo Nehama, the Company's Chairman of the Board and a controlling shareholder; and
Reappointment of Somekh Chaikin, a member of KPMG International, as the independent auditors of the Company for the fiscal year ending December 31, 2023 and until the next annual general meeting of the Company's shareholders, and authorization of the Board of Directors to approve, following the approval of the Audit Committee, the remuneration of the independent auditors in accordance with the volume and nature of their services.
For more information, please see the Company's Notice and Proxy Statement relating to the AGM, submitted on Form 6-K to the Securities and Exchange Commission on November 2, 2023.

Ellomay Capital Reports Announces 2023 Annual General Meeting of Shareholders

Retrieved on:

Thursday, November 2, 2023

Form 6-K, Documentation, Financial statement, Policy, Security (finance), NYSE, Auditor's report, Meeting, Israel Securities Authority, Tel Aviv Stock Exchange, Audit, Remuneration, Audit committee, Proxy, Employment, KPMG, TASE, Management, Financial adviser

Approval of the terms of service the external directors and update to the terms of service of non-executive directors;

Key Points:

Approval of the terms of service the external directors and update to the terms of service of non-executive directors;
5.
Shareholders of record as of the close of business on November 7, 2023 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 November 8, 2023.
Eligible shareholders may present proper proposals for inclusion in the Meeting by submitting their proposals to the Company no later than November 9, 2023.

Ellomay Capital Reports Results for the Three and Six Months Ended June 30, 2023

Retrieved on:

Thursday, September 28, 2023

Revenues were approximately €25.5 million for the six months ended June 30, 2023, compared to approximately €29.2 million for the six months ended June 30, 2022.

Key Points:

Revenues were approximately €25.5 million for the six months ended June 30, 2023, compared to approximately €29.2 million for the six months ended June 30, 2022.
Operating expenses were approximately €12 million for the six months ended June 30, 2023, compared to approximately €13.1 million for the six months ended June 30, 2022.
General and administrative expenses were approximately €2.9 million for the six months ended June 30, 2023, compared to approximately €3.3 million for the six months ended June 30, 2022.
Profit for the six months ended June 30, 2023, was approximately €4.6 million, compared to a loss of approximately €0.6 million for the six months ended June 30, 2022.

Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. for the Three and Six Month Periods Ended June 30, 2023

Retrieved on:

Thursday, August 24, 2023

Amos, International, Bank statement, WEC Energy Group, Electricity, Season, TEL, TASE, NYSE, Cryptocurrency, Dorad Power Station

Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.

Key Points:

Based on applicable regulatory requirements, the quarterly report of the Luzon Group includes the financial statements of Dorad for the same period.
The financial statements of Dorad for the quarter ended June 30, 2023 were prepared in accordance with International Financial Reporting Standards.
Ellomay will include its indirect share of these results (through its holdings in Ellomay Luzon Energy) in its financial results for this period.
Neither Ellomay nor its independent public accountants have reviewed or consulted with the Luzon Group, Ellomay Luzon Energy or Dorad with respect to the financial results included in this press release.