Revenue Update on Ellomay Capital Ltd.(NYSEMKT:ELLO)

Ellomay Capital Ltd.(NYSEMKT:ELLO) announced the earnings results for Fiscal Year 2016 and Q1. The results came in during Pre-market on Jun 9, 2016. Earnings per share were $-0.19.

Ellomay Capital Ltd. (Ellomay) is in the business of energy and infrastructure and its operations include production of renewable and clean energy. The Company is involved in the production of renewable energy through its ownership of the photovoltaic plants in Italy and Spain. The Company owns thirteen photovoltaic (PV) plants that are connected to their respective national grids and operating as 12 photovoltaic plants in Italy with an aggregate nominal capacity of approximately 22.6 megawatt peak (MWp) and 85% of one photovoltaic plant in Spain with a nominal capacity of approximately 2.3 MWp. In addition it indirectly own 7.5% of Dorad Energy Ltd.

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