Ellomay Announces Execution of Framework Agreement for the Development of Photovoltaic Projects in an Aggregate Capacity of 265 MW in Italy
Ellomay Capital Ltd Ordinary Shares (Israel) (ELLO)
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ellomay.com
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Source: PR Newswire
TEL-AVIV, Israel, Dec. 25, 2019 /PRNewswire/ -- 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 and Israel, today announced the execution of a Framework Agreement between its wholly-owned subsidiary, Ellomay Luxembourg Holdings S.àr.l. ("Ellomay Luxembourg"), and an established and experienced European developer (the "Developer"). Pursuant to the Framework Agreement, the Developer will provide Ellomay Luxembourg with development services with respect to photovoltaic greenfield projects in Italy in the scope of 350 MW with the aim of reaching an aggregate "ready to build" authorized capacity of at least 265 MW over a forty-one months period. The effectiveness of the Framework Agreement is subject to the parties reaching an agreed form of certain agreements that will be attached to the Framework Agreement within twenty days of its execution. In addition to
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Sec Filings
- 11/29/24 - Form 6-K
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- ELLO's page on the SEC website