Press Releases May 1, 2026 06:05 AM

Ellomay Capital Announces the Filing of the Annual Report on Form 20-F for 2025

Ellomay Capital Files 2025 Annual Report Highlighting Adjustments in Financials and Progress in Renewable Energy Projects

By Priya Menon ELLO
Ellomay Capital Announces the Filing of the Annual Report on Form 20-F for 2025
ELLO

Ellomay Capital Ltd., a renewable energy and power project developer operating across Europe, the USA, and Israel, announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2025. The report reflects some financial adjustments including reductions in project development costs and tax benefits compared to previously announced unaudited results. The company maintains a strong portfolio of solar, hydro, and green gas projects across multiple countries, emphasizing its commitment to renewable energy growth.

Key Points

  • Ellomay filed its 2025 Annual Report on Form 20-F with revised audited financials including a €1.5 million decrease in project development costs and €1.9 million decrease in tax benefits.
  • The company holds significant renewable energy assets: approximately 335.9 MW in Spanish solar plants, 38 MW in Italy, and stakes in Israel and the Netherlands green energy projects.
  • Continued development and expansion of solar projects in Italy and Texas with capacities from 38 MW to 210 MW including operational and under-construction assets.

Tel-Aviv, Israel, , May 01, 2026 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, today announced the filing of its Annual Report on Form 20-F for the year ended December 31, 2025 with the Securities and Exchange Commission.

A copy of the Annual Report on Form 20-F is available to be viewed and downloaded from the Investor Relations section of the Company’s website at http://www.ellomay.com. The Company will provide a hard copy of the Annual Report on Form 20-F, including the Company’s complete audited financial statements, free of charge to its shareholders upon request.

The financial statements included in the Annual Report on Form 20-F present certain changes compared to the unaudited financial results for the year ended and as of December 31, 2025 published by the Company on March 31, 2026. These changes include a decrease of approximately €1.5 million in project development costs mainly in connection with a reversal of provision due to a change in circumstances since the publication of the financial results, and a decrease of approximately €1.9 million in tax benefit for the year ended December 31, 2025.

About Ellomay Capital Ltd.
Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol “ELLO”. Since 2009, Ellomay focuses its business in the renewable energy and power sectors in Europe, USA and Israel.
To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including:

        • Approximately 335.9 MW of operating solar power plants in Spain (including a 300 MW solar plant in owned by Talasol, which is 51% owned by the Company) and 51% of approximately 38 MW of operating solar power plants in Italy;
        • 16.875% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel’s largest private power plants with production capacity of approximately 850 MW;
        • Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million Nm3 per year, respectively;
        • 83.333% of Ellomay Pumped Storage (2014) Ltd., which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel;
        • 51% of solar projects in Italy with an aggregate capacity of 160 MW that are under construction;
        • Solar projects in Italy with an aggregate capacity of 210 MW that have reached “ready to build” status; and
        • Solar projects in the Dallas Metropolitan area, Texas, USA with an aggregate capacity of approximately 38 MW that are connected to the grid, 11 MW that are currently in the test run phase prior to commercial operation and 14 MW that are under construction.

For more information about Ellomay, visit http://www.ellomay.com.

Contact: 
Kalia Rubenbach (Weintraub)
CFO
Tel: +972 (3) 797-1111
Email: [email protected]


Risks

  • Financial statements adjustments reflect uncertainties in project development costs and tax benefits, which may impact future profitability.
  • Dependence on regulatory and market conditions across multiple countries (Israel, USA, Europe) affecting renewable energy project development and operation.
  • Operational risks tied to construction progress and commercialization timelines of projects under construction and in test phases, including solar and hydro power plants.

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