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Ellomay Capital Increases Stake in Dorad Amid Financial Challenges

Story Highlights
  • Ellomay Capital focuses on renewable energy projects in Europe, USA, and Israel.
  • Ellomay increased its stake in Dorad to 16.9% amid decreased revenues due to military operations.
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Ellomay Capital Increases Stake in Dorad Amid Financial Challenges

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An update from Ellomay ( (IL:ELLO) ) is now available.

Ellomay Capital Ltd. announced the publication of financial results for Dorad Energy Ltd. as of June 30, 2025, highlighting a decrease in revenues due to the Iron Swords war’s impact on the Israeli economy. On July 22, 2025, Ellomay Luzon Energy increased its stake in Dorad, enhancing Ellomay’s indirect share to 16.9%. The financial results reflect the challenges faced due to military operations and seasonal electricity demand variations, with Dorad’s revenues in June 2025 dropping by 22% compared to the previous year.

The most recent analyst rating on (IL:ELLO) stock is a Hold with a ILs5873.00 price target. To see the full list of analyst forecasts on Ellomay stock, see the IL:ELLO Stock Forecast page.

More about Ellomay

Ellomay Capital Ltd. is an Israeli-based company focusing on renewable energy and power sectors across Europe, the USA, and Israel. The company has invested in solar power plants in Spain and Italy, anaerobic digestion plants in the Netherlands, and holds an interest in Dorad Energy Ltd., one of Israel’s largest private power plants.

Average Trading Volume: 6,326

Technical Sentiment Signal: Strong Buy

Current Market Cap: ILs755.3M

Learn more about ELLO stock on TipRanks’ Stock Analysis page.

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