Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Ellomay ( (IL:ELLO) ) has shared an announcement.
On July 14, 2025, Ellomay Capital Ltd. announced a proposed private placement of ordinary shares to Israeli institutional and classified investors, aiming to raise approximately NIS 50 million. This move, approved by the Board of Directors, is expected to make an affiliate of Menora Mivtachim Holdings Ltd. an interested party in Ellomay, holding about 6% of its shares. The funds are intended for general corporate purposes, and the placement’s completion is subject to regulatory approvals anticipated by the end of July 2025.
More about Ellomay
Ellomay Capital Ltd. is an Israeli company focused on renewable energy and power generation, with operations in Europe, the USA, and Israel. Since 2009, it has invested in solar power plants in Spain and Italy, anaerobic digestion plants in the Netherlands, and other renewable projects, including a significant interest in one of Israel’s largest private power plants.
YTD Price Performance: -3.88%
Average Trading Volume: 4,991
Current Market Cap: ILs744.3M
For a thorough assessment of ELLO stock, go to TipRanks’ Stock Analysis page.