The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookies to improve your experience and serve personalized ads.

By clicking Accept, you consent to our use of advertising cookies. See our Privacy Policy for details.

StocksMedium•4 March 2026•

1 min read

Nofar Energy Acquires 45.9% Stake in Ellomay Capital from Principal Shareholders

Golden bull statue and US flag over a New York City skyline with Dow Jones chart showing a decline, Bitcoin, and other financial data.

Key Facts

1Ellomay Capital's principal shareholders sold their entire 45.9% stake to O.Y. Nofar Energy Ltd.

2The selling shareholders include S. Nechama Investments, Kanir Joint Investments, and Ms. Anat Raphael.

Ellomay Capital Ltd. has announced a significant shift in its ownership structure following the completion of a sale by its principal shareholders. O.Y. Nofar Energy Ltd., a public company listed on the Tel Aviv Stock Exchange (TASE: NOFR), acquired the entire 45.9% stake previously held by the founding group. The selling parties included S. Nechama Investments, Kanir Joint Investments, and Ms. Anat Raphael, who have now exited their positions. This strategic acquisition is expected to trigger immediate changes in the composition of Ellomay’s board of directors to align with the new ownership. Nofar Energy aims to leverage this move to consolidate its presence in the renewable energy and power generation sectors across Europe, Israel, and the USA. Analysts view the entry of a strategic industrial player as a bullish development for Ellomay’s long-term growth potential and operational stability.