Ellomay Capital Enters into an Agreement to Sell the Talmei Yosef Solar Facility [Yahoo! Finance]
Ellomay Capital Ltd Ordinary Shares (Israel) (ELLO)
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ellomay.com
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Source: Yahoo! Finance
energy and power generator and developer of renewable energy and power projects in Europe USA and Israel, today announced that it executed an agreement (the " Agreement ") to sell its holdings in the 9 MW solar facility located in Talmei Yosef, Israel (the " Talmei Yosef Facility The Agreement provides for the sale of the Company's holdings in the Talmei Yosef Facility to Greenlight Fund Limited Partnership and Doral Group Renewable Energy Resources Ltd., in equal parts, in consideration for NIS 44.75 million (approximately $12.2 million ), with an additional potential payment of up to NIS 4 million in the event the Talmei Yosef Facility will produce more than 18 million Kwh during 2024. The Agreement provides for a cutoff date of June 30, 2023 and the Company will be entitled to all revenues of the Talmei Yosef Facility up to such date, net of expenses for the period. The Agreement includes customary representations and indemnification undertakings in connection with breaches of
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News
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- Ellomay Capital Announces Launch of its First Photovoltaic Projects in Texas [Yahoo! Finance]Yahoo! Finance
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ELLO
Sec Filings
- 4/5/24 - Form 6-K
- 4/1/24 - Form 6-K
- 3/27/24 - Form 6-K
- ELLO's page on the SEC website