Ellomay Luzon Energy Increases Stake in Dorad Energy to 33.75%

Reuters

07-23

Ellomay Luzon Energy Increases Stake in Dorad Energy to 33.75%

Ellomay Luzon Energy Infrastructures Ltd., a subsidiary of Ellomay Capital Ltd., has successfully increased its holdings in Dorad Energy Ltd. to 33.75% following the acquisition of an additional 15% of Dorad's outstanding shares. The transaction was valued at approximately NIS 424 million (€108 million) and was financed through a structured bank loan agreement. This strategic move enhances Ellomay Luzon Energy's stake in the Israeli power generation company, aligning with its broader objectives in the renewable energy sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ellomay Capital Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9498744-en) on July 22, 2025, and is solely responsible for the information contained therein.

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ID: GNW9498744-en) on July 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B3QW5Z07.USD","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250722:nNDL8c49Sr:1","article_id":"2553265387","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553265387","pubTimestamp":1753215318,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Ellomay Luzon Energy Infrastructures Ltd., a subsidiary of Ellomay Capital Ltd., has successfully increased its holdings in Dorad Energy Ltd. to 33.75% following the acquisition of an additional 15% of Dorad's outstanding shares. 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