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Ellomay Capital Announces The Successful Closing Of A €175 Million Facilities Agreement By Talasol Solar, Replacing Previous Financing In The Amount Of €121 Million

PUBLIC · ELLOJan 21, 2022

Round Type

Funding Round

Tel AvivEnergyNatural ResourcesRenewable EnergyBiomass Energy

Description

Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) ("Ellomay" or the "Company"), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced that Talasol Solar S.L. ("Talasol"), which owns a photovoltaic plant with installed capacity of 300MW in the municipality of Talaván, Cáceres, Spain and is 51% owned by the Company, achieved financial closing of the previously announced Facilities Agreement in the aggregate amount of €175 million provided by European institutional lenders (the "New Financing").

Quick answer

Ellomay Capital raised an undisclosed amount in a Funding Round round, dated January 21, 2022. Ellomay Capital is based in Tel Aviv, Tel Aviv District, Israel.

How much did Ellomay Capital raise?
Ellomay Capital raised an undisclosed amount in a Funding Round round on January 21, 2022.
What does Ellomay Capital do?
Ellomay Capital is involved in the renewable energy sector, with a diverse portfolio that includes solar photovoltaic projects and pumped storage hydro projects.
Where is Ellomay Capital based and how big is it?
Ellomay Capital is based in Tel Aviv, Tel Aviv District, Israel.

Source: Fundz verified event record.

Who else raised in Energy and Natural Resources around the same time

Companies in the same sectors as Ellomay Capital that raised within 45 days of this round, from Fundz verified event records.

  • Diversified Energy raised an undisclosed amount (Funding Round) on February 24, 2022.
  • Diversified Energy raised an undisclosed amount (Funding Round) on February 7, 2022.
  • Antora Energy raised $50M (Funding Round) on February 16, 2022.
  • Modern Hydrogen raised $30M (Series B) on February 3, 2022.
  • Modern Hydrogen raised $30M on December 20, 2021.
  • Peabody raised an undisclosed amount (Funding Round) on March 7, 2022.

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Company Information

Company

Ellomay Capital

Location

Tel Aviv, Tel Aviv District, Israel

About

Ellomay Capital is involved in the renewable energy sector, with a diverse portfolio that includes solar photovoltaic projects and pumped storage hydro projects. The company operates primarily in Europe and Israel, and focuses on supporting grid stability and energy storage solutions. With a focus on growth, Ellomay seeks to enhance its projects through strategic partnerships and expansions.

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