TEL-AVIV, Israel, July 3, 2013 /PRNewswire/ -- Completes the Purchase of PV Sites with Aggregate Capacity of 12MWp Increases its PV capacity to 25 MWp Ellomay Capital Ltd. (NYSE MKT: ELLO) ("Ellomay" or the "Company") announced the successful closing of the purchase of two photovoltaic (solar) sites (the "PV Sites") in Veneto Region, north Italy. The final purchase price of the PV Sites was adjusted to 23.5 million Euros to reflect payments made to the seller from the companies that own the PV Sites (the "SPVs") since the transaction cut-off date (September 30, 2012). The PV Sites were purchased on a full equity basis, with no external loans at the SPVs level. Immediately prior to the...
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