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Ellomay ( (IL:ELLO) ) just unveiled an announcement.
On June 23, 2025, Ellomay Capital Ltd. announced that the Israeli Competition Authority approved its acquisition of an additional 7.5% of Dorad Energy Ltd.’s shares through its subsidiary, Ellomay Luzon Energy Infrastructures Ltd. This approval is a significant step towards finalizing the purchase, although other conditions such as approvals from the Israeli Electricity Authority and Dorad’s board remain pending. The acquisition could enhance Ellomay’s position in the energy market, but uncertainties about regulatory approvals and market conditions persist.
More about Ellomay
Ellomay Capital Ltd. operates in the energy sector, focusing on renewable energy projects. The company is involved in the development, construction, and operation of power plants, with a market focus on regions including Israel, Spain, Italy, and the United States.
Average Trading Volume: 4,015
Current Market Cap: ILs665.6M
Find detailed analytics on ELLO stock on TipRanks’ Stock Analysis page.