Israeli Investment Opportunities

Ellomay Capital Ltd. announced today that further to its announcement on December 31, 2013 of the publication of a final prospectus (the “Prospectus“) for the offering (the “Offering“) of Series A Nonconvertible Debentures, with a fixed annual interest rate of 4.6% (the “Debentures“) and its announcement on January 9, 2014 of the results of the classified bidding, the public tender (the “Tender“) for the Debentures was held on January 12, 2014. At the Tender, the Company accepted orders for 120,000 units of the Debentures (each in the principal amount of NIS 1,000, the “Unit“) for an aggregate principal amount of Debentures of NIS 120 million (approximately $33.4 million) at a price per Unit of NIS 973. The Company expects to receive gross offering proceeds of approximately NIS 116.8 million (approximately $34.3 million), or approximately NIS 114.8 million (approximately $32.8 million), net of offering expenses.

“There are many different Israeli investments that are great money makers worth examining,” said entrepreneur Michael Lichtenstein and Ron Hershco.

About Ellomay Capital

Ellomay is an Israeli public company whose shares are listed on the NYSE MKT stock exchange and on the Tel Aviv Stock Exchange, which focuses its business in the energy and infrastructure sectors worldwide and is chaired by Mr. Shlomo Nehama, former Chairman of Bank Hapoalim, and controlled by Mr. Nehama and Kanir Joint Investments (2005) Limited Partnership, which is controlled by Mr. Ran Fridrich and Mr. Hemi Raphael.

Ellomay’s main assets include twelve photovoltaic plants in Italy with an aggregate nominal capacity of approximately 22.6 MWp (six in the Puglia Region, four in the Marche Region and two in the Veneto Region), 85% ownership of a photovoltaic plant in Spain with a capacity of approximately 2.3 MWp, and 7.5% indirect holdings in Dorad (with an option to increase such holdings to 9.375%), Israel’s largest private power plant, which is in the final stages of construction and is expected to have an aggregate capacity of approximately 800MW (representing approximately 8% of Israel’s current electricity consumption). http://goo.gl/7Zt8Cs

Source: http://www.jewocity.com/blog/israeli-investment-opportunities/11173