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Ellomay ( (IL:ELLO) ) has issued an announcement.
On December 8, 2025, Ellomay Capital Ltd. announced that the Israeli National Licensing Authority approved a building permit for the expansion of the Dorad Power Plant. This expansion includes a new generating unit with a capacity of approximately 650 MW and necessary engineering works, enhancing Dorad’s operational capacity and potentially strengthening Ellomay’s position in the energy market.
The most recent analyst rating on (IL:ELLO) stock is a Hold with a ILs6758.00 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 that focuses on renewable energy and power sectors across Europe, the USA, and Israel. Since 2009, Ellomay has invested in solar power plants in Spain and Italy, anaerobic digestion plants in the Netherlands, and solar projects in Texas, USA. The company holds a significant interest in Dorad Energy Ltd., which operates one of Israel’s largest private power plants.
YTD Price Performance: 15.73%
Average Trading Volume: 6,118
Technical Sentiment Signal: Buy
Current Market Cap: ILs954.6M
Learn more about ELLO stock on TipRanks’ Stock Analysis page.