Recent Updates — ELLO
Ellomay Capital Ltd. reports that the second part (57 MW) of its Ellomay Solar Five Facility in Italy was successfully connected to the national grid and commenced energy production on October 26, 2026. This follows the earlier connection of the first part announced on October 6, completing the full 87 MW capacity. The facility is located in the Lazio Region and has an expected P50 annual production of approximately 160 GWh/year. Additionally, the company confirmed that its separate Ellomay Solar Nine Facility (8 MW) in the Marche Region was also connected to the grid on October 27, 2026, with expected annual production of 13 GWh/year. These operational milestones expand the company's renewable energy generation portfolio in Italy.
Ellomay Capital Ltd. filed an amendment to its October 2026 Form 6-K report solely to replace slides 16 and 33 of the attached investor presentation. The correction addresses clerical errors in the aggregate expected revenues and EBITDA at the top of slide 16, as well as data regarding other long-term loans as of December 31, 2024, on slide 33. No other information in the original filing was changed. The company operates in the renewable energy sector, developing and operating solar, battery storage, biogas, and pumped hydro projects across Europe and the United States.
Ellomay Capital completed the sale of its 16.9% stake in Dorad Holdings for total consideration of NIS742.5 million, based on an implied valuation of approximately NIS4.4 billion. The transaction generated net cash proceeds of roughly NIS560 million after deducting holding company debt. Management intends to allocate 40% of the proceeds toward equity funding for new projects and energy storage expansion, while using the remaining 60% for significant deleveraging and balance sheet strengthening. Ellomay Capital operates in the renewable energy sector, developing and managing solar, battery storage, biogas, and pumped hydro assets across multiple countries.
On October 6, 2026, Ellomay Capital Ltd. connected the initial 30 MW portion of its 87 MW Ellomay Solar Five Facility in Italy’s Lazio Region to the national grid, commencing energy production. The remaining 57 MW is expected to connect within weeks. The facility's total capacity has an estimated annual output of approximately 160 GWh. Ellomay Capital Ltd. operates as a renewable energy company focused on solar and waste-to-energy projects.
Ellomay Capital Ltd.'s Spanish subsidiary, Ellomay Solar S.L., received a grid access and connection permit for a 22.2 MW / 100.3 MWh battery energy storage system (BESS) facility in Talaván, Spain. The permit also allows charging 22.2 MW of electricity from the grid to enhance project flexibility and profitability. Construction is scheduled to begin in early 2027 with completion expected by the fourth quarter of 2027. This milestone supports Ellomay's strategy to expand battery storage capabilities in markets like Spain and Italy. Ellomay Capital Ltd. operates in the renewable energy sector, developing and generating power through solar, gas, and hydro projects across Europe, the USA, and Israel.
Midroog Ltd., an Israeli rating agency affiliated with Moody’s Investors Services, reaffirmed Ellomay Capital’s credit rating at Baa1.il with a stable outlook. This is a routine confirmation of existing credit standing and does not involve any changes to the company's financial structure or operations. Ellomay Capital Ltd. operates in the renewable energy sector, focusing on the development, construction, and operation of solar power plants.