Ellomay Capital Ltd. Announces a Proposed Private Placement of Ordinary Shares to Israeli Institutional and Classified Investors for Approximately NIS 50 Million
Ellomay Capital (NYSE American: ELLO), a renewable energy developer, announced a private placement of 926,000 ordinary shares to Israeli institutional and classified investors. The placement price is set at NIS 54 (approximately $16.3) per share, with expected gross proceeds of NIS 50 million.
Notably, Menora Mivtachim Holdings Ltd., a major Israeli institutional investor, will become an interested party with approximately 6% ownership in Ellomay through this placement. The transaction, subject to regulatory approvals, is expected to close in July 2025. The company plans to use the proceeds for general corporate purposes.
Ellomay Capital (NYSE American: ELLO), sviluppatore di energie rinnovabili, ha annunciato un collocamento privato di 926.000 azioni ordinarie rivolto a investitori istituzionali e qualificati israeliani. Il prezzo di collocamento 猫 fissato a 54 NIS (circa 16,3 dollari) per azione, con un ricavo lordo previsto di 50 milioni di NIS.
In particolare, Menora Mivtachim Holdings Ltd., importante investitore istituzionale israeliano, diventer脿 un soggetto interessato con una partecipazione di circa il 6% del capitale di Ellomay attraverso questo collocamento. L鈥檕perazione, soggetta alle approvazioni regolamentari, dovrebbe concludersi entro luglio 2025. La societ脿 intende utilizzare i proventi per scopi societari generali.
Ellomay Capital (NYSE American: ELLO), desarrollador de energ铆a renovable, anunci贸 una colocaci贸n privada de 926,000 acciones ordinarias dirigida a inversores institucionales y calificados israel铆es. El precio de colocaci贸n se estableci贸 en 54 NIS (aproximadamente 16,3 d贸lares) por acci贸n, con ingresos brutos esperados de 50 millones de NIS.
Destaca que Menora Mivtachim Holdings Ltd., un importante inversor institucional israel铆, se convertir谩 en parte interesada con aproximadamente un 6% de participaci贸n en Ellomay mediante esta colocaci贸n. La transacci贸n, sujeta a aprobaciones regulatorias, se espera que cierre en julio de 2025. La compa帽铆a planea usar los fondos para prop贸sitos corporativos generales.
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韸鬼瀳, 欤检殧 鞚挫姢霛检棙 旮瓣磤 韴瀽鞛愳澑 Menora Mivtachim Holdings Ltd.臧� 鞚措矆 氚滍枆鞚� 韱淀暣 Ellomay 歆�攵� 鞎� 6%毳� 氤挫湢頃� 鞚错暣甏�瓿勳瀽搿� 彀胳棳頃橁矊 霅╇媹雼�. 氤� 瓯半灅電� 攴滌牅 鞀轨澑 臁瓣贝鞚� 瓯办硱 2025雲� 7鞗旍棎 鞕勲霅� 鞓堨爼鞛呺媹雼�. 須岇偓電� 臁半嫭 鞛愱笀鞚� 鞚茧皹 氩曥澑 氇╈爜鞐� 靷毄頃� 瓿勴殟鞛呺媹雼�.
Ellomay Capital (NYSE American : ELLO), d茅veloppeur d'茅nergie renouvelable, a annonc茅 un placement priv茅 de 926 000 actions ordinaires destin茅 脿 des investisseurs institutionnels et qualifi茅s isra茅liens. Le prix de placement est fix茅 脿 54 NIS (environ 16,3 dollars) par action, avec un produit brut attendu de 50 millions de NIS.
Notamment, Menora Mivtachim Holdings Ltd., un important investisseur institutionnel isra茅lien, deviendra une partie int茅ress茅e avec une participation d'environ 6 % dans Ellomay gr芒ce 脿 ce placement. La transaction, soumise aux approbations r茅glementaires, devrait se cl么turer en juillet 2025. La soci茅t茅 pr茅voit d鈥檜tiliser les fonds pour des besoins g茅n茅raux d鈥檈ntreprise.
Ellomay Capital (NYSE American: ELLO), ein Entwickler erneuerbarer Energien, gab eine Privatplatzierung von 926.000 Stammaktien an israelische institutionelle und qualifizierte Investoren bekannt. Der Platzierungspreis wurde auf 54 NIS (ca. 16,3 USD) pro Aktie festgelegt, mit erwarteten Bruttoerl枚sen von 50 Millionen NIS.
Bemerkenswert ist, dass Menora Mivtachim Holdings Ltd., ein bedeutender israelischer institutioneller Investor, durch diese Platzierung mit etwa 6 % Anteil an Ellomay zum interessierten Beteiligten wird. Die Transaktion steht unter dem Vorbehalt beh枚rdlicher Genehmigungen und soll im Juli 2025 abgeschlossen werden. Das Unternehmen plant, die Erl枚se f眉r allgemeine Unternehmenszwecke zu verwenden.
- Expected gross proceeds of NIS 50 million to strengthen corporate finances
- Strategic investment from major Israeli institutional investor Menora Mivtachim
- Private placement price represents minimal discount to market price
- Dilution of existing shareholders' ownership
- Shares offered at discount to recent trading prices (NIS 54 vs NIS 58.53)
- Limited to Israeli investors, excluding U.S. persons from participation
Insights
Ellomay's NIS 50M private placement provides capital at a 7.7% discount while bringing aboard a major Israeli institutional investor.
Ellomay Capital's private placement of 926,000 ordinary shares to Israeli institutional investors will generate approximately
The placement's most significant outcome is the introduction of an affiliate of Menora Mivtachim Holdings Ltd., one of Israel's largest institutional investors, as a new interested party holding approximately
While the company stated the funds will be used for "general corporate purposes" without specifying particular projects, this capital injection enhances Ellomay's financial flexibility to pursue opportunities across its operations in Europe, USA and Israel. For a renewable energy developer, having ready access to capital is crucial for project development and expansion.
The transaction is expected to close in July 2025 pending regulatory approvals. The private placement structure limits potential share dilution while efficiently raising capital without the complexity and expense of a public offering. This financing approach aligns with Ellomay's needs as a developer in the capital-intensive renewable energy sector.
Tel-Aviv, Israel, July 14, 2025 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (鈥淓llomay鈥� or the 鈥淐ompany鈥�), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, today announced that it received and accepted, following the approval of its Board of Directors, commitments from several Israeli institutional and classified investors to buy 926,000 ordinary shares of the Company in a private placement (the 鈥�Private Placement鈥�). As a result of the Private Placement, an affiliate of Menora Mivtachim Holdings Ltd. (one of Israel鈥檚 largest institutional investors), which holds securities for the benefit of members of provident funds or pension funds, is expected to become an interested party in the Company, holding approximately
The price per share in the Private Placement was set at NIS 54 (approximately
The closing of the Private Placement is subject to the receipt of regulatory approvals, which are expected to be obtained during July 2025.
The Private Placement described in this report, if made, will be made in Israel only and not to U.S. persons. The ordinary shares, if sold, will not be registered under the U.S. Securities Act of 1933, as amended, and will not be offered or sold in the United States without registration or applicable exemption from the registration requirements according to the U.S. Securities Act of 1933. Nothing in this press release constitutes a public offering or an invitation to purchase the Company鈥檚 securities.
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 鈥淓LLO鈥�. 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聽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) and51% of approximately 38 MW of operating solar power plants in Italy; 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel鈥檚 largest private power plants with production capacity of approximately 850MW, representing about6% -8% of Israel鈥檚 total current electricity consumption;- Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in聽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 commenced construction processes;- Solar projects in Italy with an aggregate capacity of 134 MW that have reached 鈥渞eady to build鈥� status; and
- Solar projects in the Dallas Metropolitan area, Texas, USA with an aggregate capacity of approximately 27 MW that are connected to the grid and additional 22 MW that are awaiting connection to the grid.
For more information about Ellomay, visit .
Information Relating to Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company鈥檚 management. All statements, other than statements of historical facts, included in this press release regarding the Company鈥檚 plans and objectives, expectations and assumptions of management are forward-looking statements.聽The use of certain words, including the words 鈥渆stimate,鈥� 鈥減roject,鈥� 鈥渋ntend,鈥� 鈥渆xpect,鈥� 鈥渂elieve鈥� and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.聽The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company鈥檚 forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company鈥檚 forward-looking statements, including inability to receive regulatory approvals, changes in electricity prices and demand, regulatory changes increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company鈥檚 facilities (such as waste and natural gas) and in the price of oil, the impact of the war and hostilities in Israel and Gaza and between Israel and Iran, the impact of the continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company, inability to obtain the financing required for the development and construction of projects, inability to advance the expansion of Dorad, increases in interest rates and inflation, changes in exchange rates, delays in development, construction, or commencement of operation of the projects under development, failure to obtain permits - whether within the set time frame or at all, climate change, and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncertainties associated with the Company鈥檚 business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Kalia Rubenbach (Weintraub)
CFO
Tel: +972 (3) 797-1111
Email:
FAQ
What is the size and price of Ellomay Capital's (ELLO) private placement announced in July 2025?
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