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.
The dual-use project integrates agriculture under solar panels and floating aquaculture with energy storage. (Image Source: PRNewswire)
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)
The 20 MW solar project actively supports Eramet’s SBTi roadmap and climate goals. (Image Source: SolarPanal/Pixabay)
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)