Ellomay (ELLO) has released an update.
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Ellomay Capital Ltd. has announced that an arbitrator has partially ruled against the appeals filed by both parties in a dispute concerning Dorad Energy Ltd. The ruling reduced the repayment amount owed to Dorad from $100 million to $94.375 million, which will accrue additional interest, while maintaining the original reimbursement of expenses. This decision is significant for investors keeping an eye on Ellomay’s financial engagements and partnerships.
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