Ellomay Capital (ELLO) agrees Dorad-based NIS 560M sale while Dorad profit drops

NodeGuardian · 2026-04-02T23:38:03+00:00

Ellomay Capital will sell its 50% stake in Ellomay Luzon Energy for NIS 560 million, valuing Dorad at NIS 4.4 billion. The sale follows a notable decline in Dorad's 2025 net profit and requires regulatory and lender approvals.

NodeGuardian

2026-04-02 23:38:03

Abstract generation in progress

Ellomay Capital has agreed to sell its indirect 50% interest in Ellomay Luzon Energy to the Luzon Group, valuing Dorad at NIS 4.4 billion and implying a consideration of NIS 560 million. This comes as Dorad Energy’s 2025 net profit declined to NIS 148.4 million from NIS 452.3 million in 2024, impacted by increased financing expenses and war-related disruptions, including a 22% revenue drop in June 2025. The sale is subject to regulatory and lender approvals.

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