Ellomay (ELLO) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Ellomay Capital Ltd. has reached a significant step forward in securing project finance for its 198 MW Solar Portfolio in Italy, with a commitment letter from a European institutional investor for up to €110 million. The funds are intended to support construction and related costs, with terms including a 23-year repayment period after financial closing. However, the finalization of this financing is dependent on detailed documentation and satisfactory due diligence, with no guarantees of completion.
For further insights into ELLO stock, check out TipRanks’ Stock Analysis page.
