The company successfully divested a non-core asset at a valuation reflecting significant value creation, generating substantial proceeds (NIS 559.8 million) that will reduce debt burden and provide financial flexibility for core renewable energy projects. CEO commentary emphasizes strategic focus and shareholder value creation.
NYSE American · ELLO
Ellomay Capital news
$21.90+5.72%
Close Sep 29, 2026 · split-adjustedArticles · 30 days0English, de-duplicated
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About Ellomay Capital
GlobeNewswire Inc.May 10, 12:00 PM ET▲ Positive
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