Ellomay Capital's Baa1.il Rating Reaffirmed

TL;DR

Ellomay Capital (ELLO) gets its Baa1.il rating reaffirmed by Moody's affiliate Midroog. Stable outlook.

AI Summary

Ellomay Capital Ltd. announced on August 22, 2024, that Midroog Ltd., an Israeli rating company affiliated with Moody's Investors Services, reaffirmed its Baa1.il rating and stable outlook for the company. This rating indicates a good credit quality with a low expectation of credit risk.

Why It Matters

The reaffirmation of a stable Baa1.il rating by Midroog suggests continued financial stability and creditworthiness for Ellomay Capital, which can impact its ability to secure financing and its overall market perception.

Risk Assessment

Risk Level: low — The reaffirmation of a 'Baa1.il' rating with a stable outlook by an affiliate of Moody's indicates a strong credit profile and low perceived risk.

Key Numbers

• Baa1.il — Credit Rating (Reaffirmed by Midroog, indicating good credit quality.)

Key Players & Entities

• Ellomay Capital Ltd. (company) — The subject of the rating report.
• Midroog Ltd. (company) — The rating agency that reaffirmed the company's rating.
• Moody's Investors Services (company) — Affiliated rating agency.
• Baa1.il (rating) — The reaffirmed credit rating.

FAQ

Filing Documents

• ea0212121-6k_ellomay.htm (6-K) — 12KB
• 0001213900-24-071600.txt ( ) — 13KB

Forward-Looking Statements

Forward-Looking Statements This report contains forward-looking of the Company’s management. All statements, other than statements of historical facts, included in this report regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words “estimate,” “project,” “intend,” “expect,” “believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including changes in electricity prices and demand, continued war and hostilities in Israel and Gaza, regulatory changes, including extension of current or approval of new rules and regulations increasing the operating expenses of manufacturers of renewable energy in Spain, increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company’s facilities (such as waste and natural gas) and in the price of oil, the impact of continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncerta

Signatures

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Ellomay Capital Ltd. By: /s/ Ran Fridrich Ran Fridrich Chief Executive Officer and Director Dated: August 22, 2024 2

View Full Filing

View this 6-K filing on SEC EDGAR