Ellomay Capital Announces Arbitration Ruling Outcome

Ellomay (ELLO) has released an update.

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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