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The latest update is out from Ellomay ( (IL:ELLO) ).
On July 10, 2025, Ellomay Capital Ltd. announced that the board of directors of Dorad Energy Ltd. approved the transfer of 7.5% of Dorad’s shares to Ellomay Luzon Energy Infrastructures Ltd. and 10% to The Phoenix Insurance Company Ltd. This development is contingent upon the completion of the sale of 10% of Dorad’s shares to The Phoenix, a condition outside Ellomay Luzon Energy’s control. The outcome of this transaction could impact Ellomay’s stake in Dorad and influence its strategic positioning in the energy market.
More about Ellomay
Ellomay Capital Ltd. operates in the energy sector, focusing on renewable energy projects and infrastructure. The company is involved in the development, construction, and management of power plants, with a market focus on regions such as Israel, Spain, Italy, and the United States.
YTD Price Performance: -3.88%
Average Trading Volume: 4,991
Current Market Cap: ILs744.3M
Find detailed analytics on ELLO stock on TipRanks’ Stock Analysis page.