Mergers & Acquisitions ·
Ellomay Capital Ltd. announced the execution of an agreement to acquire 100% of a project company holding a 51.75 MW /…
ELLOEllomay Capital Ltd.
Ellomay Capital Ltd. announced the execution of an agreement to acquire 100% of a project company holding a 51.75 MW / 207 MWh (4-hour) battery energy storage system in northern Italy. This transaction marks the company's entry into the Italian electricity storage market. Completion is subject to conditions precedent with a deadline set for the end of 2027. Ellomay Capital Ltd. operates in the renewable energy and power generation sector, developing and owning solar, gas, and storage projects across Europe, the USA, and Israel.