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.
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
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