TEL-AVIV, Israel, March 16, 2015 /PRNewswire/ --
Ellomay Capital
Ltd. (NYSE MKT: ELLO; TASE: ELOM)
("Ellomay" or
the "Company") an emerging
operator in the renewable energy and energy infrastructure sector,
today announced it will host a corporate update call to discuss the
results for the year and Fourth quarter ended December 31, 2014.
Date: Wednesday,
March 18, 2015
Time: 11:30 am
ET
Dial-In (US):1-888-510-1786
Dial-in (Intl.): 1-719-325-2452
Conference ID: 7032899
Webcast:
http://public.viavid.com/index.php?id=113625
A replay of the call will be available
after 2:30 pm ET March 18, 2015 and until 11:00 pm ET on April 18,
2015. To access the replay, use 877-870-5176 for U.S.
callers and 858-384-5517 for international callers. The PIN number
is 7032899.
About Ellomay Capital
Ltd.
Ellomay is an Israeli based company
whose shares are registered with the NYSE MKT, under the trading
symbol "ELLO" and with the Tel Aviv Stock Exchange under the
trading symbol "ELOM." Since 2009, Ellomay Capital focuses
its business in the energy and infrastructure sectors worldwide.
Ellomay (formerly Nur Macroprinters Ltd.) previously was a supplier
of wide format and super-wide format digital printing systems and
related products worldwide, and sold this business to
Hewlett-Packard Company during 2008 for more than $100 million.
To date, Ellomay has evaluated numerous
opportunities and invested significant funds in the renewable,
clean energy and natural resources industries in Israel, Italy
and Spain, including:
-
Approximately 22.6MW of photovoltaic
power plants in Italy,
approximately 5.6MW of photovoltaic power plants in
Spain and 85% of approximately
2.3MW of photovoltaic power plant in Spain; and
-
7.5% indirect interest, with an
option to increase its holdings to 9.375%, in Dorad Energy Ltd.,
which owns and operates Israel's
largest private power plant with production capacity of
approximately 850 MW, representing about 6%-8% of Israel's total current electricity
consumption.
Ellomay Capital is controlled by Mr.
Shlomo Nehama, Mr. Hemi Raphael and Mr. Ran Fridrich. Mr. Nehama is
one of Israel's prominent
businessmen and the former Chairman of Israel's leading bank, Bank Hapohalim, and
Messrs. Raphael and Fridrich both have vast experience in financial
and industrial businesses. These controlling shareholders, along
with Ellomay's dedicated professional management, accumulated
extensive experience in recognizing suitable business opportunities
worldwide. The expertise of Ellomay's controlling shareholders
and management enables the company to access the capital markets,
as well as assemble global institutional investors and other
potential partners. As a result, Ellomay is capable of
considering significant and complex transactions, beyond its
immediate financial resources.
For more information about Ellomay,
visit http://www.ellomay.com.
Information Relating to
Forward-Looking Statements
This press release contains
forward-looking statements that involve substantial risks and
uncertainties, including statements that are based on the current
expectations and assumptions of the Company's management. All
statements, other than statements of historical facts, included in
this press release regarding the Company's plans and objectives,
expectations and assumptions of management are forward-looking
statements. The use of certain words, including the words
"estimate," "project," "intend," "expect," "believe" and similar
expressions are intended to identify forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. The Company may not actually achieve the plans,
intentions or expectations disclosed in the forward-looking
statements and you should not place undue reliance on the Company's
forward-looking statements. Various important factors could cause
actual results or events to differ materially from those that may
be expressed or implied by our forward-looking statements including
changes in regulation, seasonality of the PV business and market
conditions. These and other risks and uncertainties associated with
the Company's business are described in greater detail in the
filings the Company makes from time to time with Securities and
Exchange Commission, including its Annual Report on Form 20-F. The
forward-looking statements are made as of this date and the Company
does not undertake any obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Contact:
Kalia Weintraub
CFO
Tel: +972(3)797-1111
Email: anatb@ellomay.com
SOURCE Ellomay Capital Ltd