IL0010826357 - Common Stock
Ellomay Capital just reported results for the fourth quarter of 2023.
Ellomay Capital has executed an agreement to sell its holdings in a solar facility in Israel for approximately $12.2M, with potential additional payment.
The acquisition is expected to double Elllomay's processing capacity in the Netherlands, strengthening its position in this market
Ellomay (NYSEMKT:ELLO): Q2 GAAP EPS of -€0.17.Revenue of €2.27M (-59.2% Y/Y)Press Release
Ellomay Capital (ELLO +18.8%) received and accepted commitments from several Israeli institutional and classified investors to buy its 450K ordinary shares in a private placement at a price of NIS 70.5/share ($20.4/share) for gross proceeds of ~NIS 31.7M.Proceeds will be used for general corporate purposes.Offer close is subject to regulatory approvals expected to be obtained during July 2020.