Ellomay Enters the Italian Battery Storage Market with the Execution of an Agreement to Acquire a 51.75 MW / 207 MWh (4-hour) Project in Northern Italy
Tel-Aviv, Israel, July 28, 2026 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, announced today that its Luxembourg subsidiary, Ellomay Luxembourg Holdings S.à r.l., signed an agreement to acquire 100% of the share capital of a project company holding a ready-to-build 51.75 MW / 207 MWh (4-hour) battery energy storage system
Tel-Aviv, Israel, July 28, 2026 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, announced today that its Luxembourg subsidiary, Ellomay Luxembourg Holdings S.à r.l., signed an agreement to acquire 100% of the share capital of a project company holding a ready-to-build 51.75 MW / 207 MWh (4-hour) battery energy storage system (“BESS”) located in northern Italy. This is Ellomay’s first battery storage project in Italy, marking Ellomay’s entry into the Italian electricity storage market.
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