Ellomay Capital's Form 20-F Shows €1.5M Cost Reversal and €1.9M Lower Tax Benefit
Ellomay Capital filed its Form 20-F for the year ended December 31, 2025, revealing a €1.5 million reversal in project development provisions and a €1.9 million reduction in tax benefit compared to unaudited results. The report highlights 335.9 MW of Spanish solar capacity (51% of a 300 MW plant) and a 16.875% stake in an 850 MW Israeli power plant.
1. Form 20-F Filing
Ellomay Capital filed its annual report on Form 20-F for the year ended December 31, 2025, making audited financial statements available via its website and upon shareholder request.
2. Financial Statement Adjustments
The audited results include a €1.5 million decrease in project development costs due to a provision reversal and a €1.9 million drop in tax benefit relative to the unaudited figures released on March 31, 2026, impacting reported net income and tax expense.
3. Renewable Energy Portfolio
As of December 31, 2025, Ellomay’s portfolio comprises 335.9 MW of operating solar plants in Spain (including 51% of a 300 MW Talasol facility), 38 MW in Italy, a 16.875% interest in an 850 MW Israeli power plant, anaerobic digestion sites in the Netherlands, a 156 MW pumped storage project in Israel, plus solar developments in Italy and Texas.