Ellomay Capital Ltd. announced the sale of its 9 MW Talmei Yosef PV facility in Israel to Greenlight Fund Limited Partnership and Doral Group Renewable Energy Resources Ltd. for NIS 44.75 million, plus a potential additional payment of up to NIS 4 million based on 2024 production. The agreement includes customary representations and indemnification undertakings with a cap of NIS 9 million for breaches of representations.
Ellomay Capital Sells Talmei Yosef Solar Facility for $12.2 Million
Buyers can back out if war affects the facility, pending approvals and accessibility for the sale. Image Credit EllomayCapital.
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)