Ellomay Capital Ltd · AMEX:ELLO
Ellomay Capital — Investor Presentation (June 2025)
33 slides from Ellomay Capital's investor presentation, Jun 25, 2025
Slide 1: Form 6-K Report of Foreign Private Issuer
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of June 2025 Commission File Number: 001-35284 Ellomay Capital Ltd. (Translation of registrant’s
Slide 2: Explanatory Note
Explanatory Note On June 25, 2025, Ellomay Capital Ltd. published an investors presentation (the “Presentation”). The Presentation is attached hereto as Exhibit 99.1. Exhibit Index This Report on Form 6-K of Ellomay Capital Ltd. includes the following document, which is attached hereto and incorpora
Slide 3: Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Ellomay Capital Ltd. By: /s/ Ran Fridrich Ran Fridrich Chief Executive Officer and Director Dated: June
Slide 4: Ellomay Capital Ltd. Investors Presentation - June 2025
Ellomay Capital Ltd. Investors Presentation - June 2025 Initiation, Development and Operation of Renewable Energy Projects for the Generation and Storage of Electricity and Gas through a Range of Technologies around the world
Slide 5: Legal Disclaimer
Legal Disclaimer • General - The information contained in this presentation is subject to, and must be read in conjunction with, all other publicly available information, including our Annual Report on Form 20-F for the year ended December 31, 2024, and other filings that we make from time to time w
Slide 6: Significant Events
Significant Events The exercise of the right of first refusal in Dorad – Ellomay Luzon Energy (50% held by the Company) exercised its right of first refusal in relation to 15% of Dorad’s shares that Zorlu (one of Dorad’s shareholders) undertook to sell to The Phoenix, based on a value of NIS 2.8 bil
Slide 7: Ellomay – Business Card
Ellomay – Business Card 500 MW connected Four technologies Five geographies • 3361 – Spain, solar • Solar • Italy • 382 - Italy, solar • Natural gas • Israel • 19 - The Netherlands, • Biogas • USA biogas • Pumped storage • The Netherlands • 803 – Israel, natural gas • Spain • 27 - US, solar 1. The C
Slide 8: Forecast Connection of Projects to the Grid
Forecast Connection of Projects to the Grid Project backlog and grid connection forecast *, Megawatt (MW) 1,902 800 757 MW - existing 229 MW - Italy 100 MW - US 229 522 MW - existing 195 MW - Italy 455 MW - existing 40 MW - US 18 MW - Italy 418 49 MW - US 1,086 757 455 522 2024 2025 2026 2027 לרשת
Slide 9: Results and Forecasts (in EUR million)
Results and Forecasts (in EUR million) Assumptions for calculating FFO • After finance expenses in respect of project financing, bonds and tax expenses • It was assumed that new facilities in Italy will be financed by project financing (up to 60%) and the remaining investment will be financed by fun
Slide 10: Key Connected Projects
Talasol Spain (300 MW) The Dorad Power Plant Ellomay has a 51% stake in the (850MW) Talasol solar project in the town Ellomay holds approx. 9.4% of the of Talaván, Cáceres, Spain. Dorad power plant. Talasol was connected to the The Dorad Power Plant is a grid in December 2020, and the combined-cycle
Slide 11: Ellomay's Operations in the USA
Ellomay’s Operations in the USA Solar Operations - Texas, USA
Slide 12: Solar Operations in the Dallas Metropolitan Area
Solar Operations in the Dallas Metropolitan Area Under the Distributed Generation Regulation Expected Expected Expected Expected date of annual annual proceeds from Expected net % of connection Capacity revenues EBITDA* 1 Expected cost sale of the ITCs2 investment Project ownership to the grid MW /
Slide 13: Ellomay's US Operations – Strategy and Benefits
Ellomay’s US Operations – Strategy and Benefits Multiple small projects in close proximity to the demand areas - building multiple projects with a capacity of approx. 10 MWac in close proximity to the demand areas Operating through wholly-owned subsidiaries Optimal conditions for fast connection - t
Slide 14: Ellomay's Operations in The Netherlands
Ellomay’s Operations in The Netherlands Biogas Projects
Slide 15: Biogas operations in The Netherlands - new regulation expected
Biogas operations in The Netherlands - a new regulation is expected, from which Ellomay will benefit The Dutch Under the new regulation, a gas The green gas The new regulation is expected to government blending obligation will apply to gas has to be sourced trigger a high demand for green declared a
Slide 16: Biogas Operations in The Netherlands - Details of Projects and Forecast
Biogas Operations in The Netherlands - Details of Projects and Forecast Data by Projects for 2025 Forecast for 2026-2027 Expected annual Forecast, in EUR million 2026E 2027E Expected own- gas production Revenues 16.0 20.8 production of capacity Cost of sales -10.8 -11.7 electricity Cubic meters Reve
Slide 17: Ellomay's Operations in Israel
Ellomay’s Operations in Israel Gas-fired power plant, pumped storage, solar
Slide 18: Ellomay's Operations in Israel
Ellomay’s Operations in Israel Pumped storage - Manara The Dorad Power Plant Solar • Project under construction, with a capacity of 156 MWh, • Holding in the Dorad Power Plant (9.375%). Approvals were • Development and construction of solar + storage continuous operation for 12 hours - a total of 1,
Slide 19: Pumped Storage - Manara Cliff
Pumped Storage - Manara Cliff Facility type Pumped storage Location Manara Cliff - Israel Pumped storage, Manara Cliff Ownership Ellomay (83.34%), Ampa Investments (16.66%)* Expected capacity (MW) 156 MW, option to expand to 220 MW Total storage capacity (MWh) 1,872 MW/h Expected cost EUR 467 millio
Slide 20: The Dorad Power Plant
Dorad Power Plant Current capacity 850 MW Power plant Gas-fired or diesel fuel-fired power plant, composed of 12 jet turbines and 2 residual heat structure turbines In November 2024, an arbitral award was handed down whereunder some of the other Arbitral award in shareholders of Dorad are required t
Slide 21: Development of Solar Projects in Israel
Development of Solar Projects in Israel License Tariff per Connection Project Status Capacity expiration kWh to the grid date Solar projects The project Talmei Yosef - solar was sold Approved Urban Market Market Komemiyut - solar + storage 21 MW TBD Building Plan regulation regulation Approved Urban
Slide 22: Ellomay's Operations in Spain
Ellomay’s Operations in Spain Solar projects – Talasol and others
Slide 23: Solar projects in Spain
Spain - solar projects connected to the grid Solar projects in Spain Talasol Project Capacity (in MW) Radiation (P50) Tariff / PPA Talasol )51%) 300 1,869 20% market price / 80% PPA Ellomay Solar 28 1,909 Market price Seguisolar 1.248 1,486 EUR 0.22 subsidy per kWh Rodríguez 1 1.675 1,533 EUR 0.21 s
Slide 24: Ellomay's Operations in Italy
Ellomay’s Operations in Italy Solar Projects
Slide 25: Active Projects / Projects under Development in Italy
Active Projects / Projects under Development in Italy Geographic Distribution - 2025 164.1 MWp 129.7 MWp Friuli-Venezia Giulia Piemonte 8.0 MWp Marche 160.2 MWp Lazio 22
Slide 26: Breakdown of Projects in Italy
Breakdown of Projects in Italy Capacity Annual radiation Annual output Geographical Expected Connection Project Status MW (P50) Expected (P50) location to Grid Commercial Ello 1* 14.8 1,726 25,512 Lazio Connected to grid operation Commercial Ello 2* 5.0 1,702 8,414 Lazio Connected to grid operation
Slide 27: Clal Insurance Transaction
Clal Insurance Transaction Clal Insurance entered as a partner (49%) in a 198 MW portfolio set up and developed by the Company in Italy, in consideration for an investment of approx. EUR 53 million (NIS 210 million) (June 2025) The Company and Clal Insurance registered an Israeli partnership that wi
Slide 28: Financial Data
Financial Data Results, project breakdown and forecasts
Slide 29: Details of Projects, financial data in EUR million
Details of Projects, financial data in EUR million Connected Projects – Forecast for 2025 Expected debt Expected Expected Holding Capacity Expected Expected Expected Country Technology Project License As of interest principal rate (MW) revenues EBITDA* FFO* December 31, 2025 expenses repayment Spain
Slide 30: Details of Projects, financial data in EUR million
Details of Projects, financial data in EUR million Projects under construction / ready to build Date of connection Capacity Expected Expected Expected Expected Country Technology Project Holding rate to the grid - expected (MW) revenues EBITDA* FFO* construction cost Israel Pumped storage Manara 83.
Slide 31: Key Financial Position Data (in EUR thousand)
Key Financial Position Data (in EUR thousand) % % % % December December December December of total of total of total of total 31, 2021 31, 2022 31, 2023 31, 2024 assets assets assets assets Cash, deposits and marketable securities 71,585 13% 49,294 9% 52,124 9% 41,134 6% Financial debt* 356,194 65%
Slide 32: Appendix A – financial position data for leverage ratios
Appendix A – financial position data for calculating the financial position leverage ratios In EUR thousands December 31, 2021 December 31, 2022 December 31, 2023 December 31, 2024 Current maturities of loans from banks 126,180 12,815 9,784 21,316 Current maturities of other loans 16,401 10,000 5,00
Slide 33: Thank you
y Thank you “Fa