Ellomay Capital secured €110 million in project finance for Italian solar portfolio.

From GlobeNewswire: 2025-03-02 07:00:00

Ellomay Capital Ltd. reported that its subsidiary, Ellomay Luxembourg, secured €110 million in Project Finance from a European investor to fund construction and expenses for its Italian Solar Portfolio, totaling 198 MW. The financing will be provided through senior secured notes issued in multiple tranches, due by December 31, 2047, with an interest rate of 4.50% per annum. The financial closing is expected in the coming weeks. Ellomay focuses on renewable energy and power projects in Europe, USA, and Israel, with significant investments in solar, hydro, and anaerobic digestion plants in various countries.

For more information about Ellomay, visit http://www.ellomay.com. This press release contains forward-looking statements regarding the Company’s plans and objectives, which may be subject to risks and uncertainties. Actual results may differ due to various factors, such as changes in electricity prices, regulatory changes, and market conditions. The Company does not undertake any obligation to update these forward-looking statements. Contact CFO Kalia Rubenbach (Weintraub) at +972 (3) 797-1111 or [email protected] for more information.



Read more at GlobeNewswire: Ellomay Capital Announces Execution of Project Finance