Israel’s Ellomay Invests in Italian Solar
Categories: Corporate and M&A
Ellomay Capital Ltd., a dual-listed renewable energy developer based in Israel (NYSE/TASE: ELLO), has entered into a EUR 52 million strategic partnership with Clal Insurance & Finance to invest in solar energy projects across Italy.
The deal covers developments totaling approximately 200 megawatts in capacity and represents a significant step in Ellomay’s expansion into the European sustainable energy sector.
S. Horowitz & Co. advised Ellomay on the transaction, with partner Ilan Zohar from the firm’s Transactions Department leading the deal.
The agreement strengthens Ellomay’s portfolio of clean energy assets and highlights growing institutional investment interest in cross-border solar infrastructure.
