Ellomay Capital Announces Results of Extraordinary General Meeting of Shareholders

Core Viewpoint - Ellomay Capital Ltd. has announced the approval of the terms of service and compensation for Mr. Ben Sheizaf, the Chairman of the Board, during an extraordinary general meeting held on January 30, 2025 [1]. Company Overview - Ellomay Capital Ltd. is an Israeli company focused on renewable energy and power generation, with shares listed on the NYSE American and the Tel Aviv Stock Exchange under the symbol "ELLO" [3]. - The company has been operating since 2009, concentrating its efforts in the renewable energy sector across Europe, the USA, and Israel [3]. Investment and Projects - Ellomay has invested significantly in various renewable energy projects, including: - Approximately 353.9 MW of operating solar power plants in Spain, including a 300 MW solar plant owned by Talasol, which is 51% owned by the company [6]. - Approximately 38 MW of operating solar power plants in Italy [6]. - A 9.375% indirect interest in Dorad Energy Ltd., which operates one of Israel's largest private power plants with a capacity of approximately 850 MW, accounting for about 6%-8% of Israel's total electricity consumption [6]. - Project companies in the Netherlands operating anaerobic digestion plants with a combined green gas production capacity of approximately 16.3 million Nm3 per year [6]. - An 83.333% stake in Ellomay Pumped Storage (2014) Ltd., which is constructing a 156 MW pumped storage hydro power plant in Israel [6]. - Solar projects in Italy with a total capacity of 195 MW that are ready to build [6]. - Solar projects in the Dallas Metropolitan area, Texas, USA, with a total capacity of 49 MW currently under construction [6].