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Ellomay Capital Reports Fire Incident Recovery
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Ellomay Capital Reports Fire Incident Recovery

Ellomay (ELLO) has released an update.

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Ellomay Capital Ltd. recently reported a fire incident at its Talasol and Ellomay Solar PV facilities in Spain, which temporarily disrupted operations. The company has reconnected 80% of the facilities and is working on assessing and repairing the damage, with an expectation that insurance will cover most of the losses. Operations are anticipated to resume gradually following inspections, with only a small portion facing a longer restoration period.

For further insights into ELLO stock, check out TipRanks’ Stock Analysis page.

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