Israel headquartered Nofar Energy Ltd has announced that all conditions have been met to complete its acquisition of control in Ellomay Capital Ltd. The transaction involves the purchase of approximately 45.9% of the company’s outstanding shares from three existing shareholders. The transaction is expected to close in the coming days, according to Nofar’s filing with the Israel Securities Authority and the Tel Aviv Stock Exchange. Ellomay, which is not a direct party to the transaction, stated that it cannot estimate the exact timing of the deal’s completion. The company also included standard forward-looking statement disclosures. It said that factors such as market conditions, electricity prices, regulatory changes, financing availability, construction delays, geopolitical developments and broader economic conditions could affect future results.