Ellomay Capital completes sale of Dorad indirect stake for NIS 559.8 million
Ellomay Capital Ltd
Ellomay Capital Ltd ELLO | 0.00 |
- Ellomay Capital completed sale of its 50% stake in Ellomay Luzon Energy to Amos Luzon Development and Energy Group, exiting indirect exposure to Dorad Energy.
- Final purchase price set at NIS 559.8 million, based on implied Dorad valuation of NIS 4.4 billion and netting roughly NIS 182.7 million of Ellomay Luzon Energy net debt from a NIS 742.5 million gross valuation for Ellomay’s indirect Dorad interest.
- NIS 166.2 million of proceeds was placed in a pledged bank account to support removal of share pledges and fund early repayment of Series E Secured Debentures due May 24, 2026, totaling about NIS 170 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ellomay Capital Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-054141), on May 11, 2026, and is solely responsible for the information contained therein.
