Ellomay Capital Ltd. (ELLO): ANSOFF Matrix Analysis [Jan-2025 Mis à jour]

Dans le paysage en évolution rapide des énergies renouvelables, Ellomay Capital Ltd. est à l'avant-garde de la transformation stratégique, tracant méticuleusement un cours à travers la matrice complexe Ansoff. Cette approche dynamique présente non seulement la vision ambitieuse de l'entreprise, mais révèle également une feuille de route sophistiquée pour la croissance à travers la pénétration du marché, le développement, l'innovation des produits et la diversification stratégique. Avec 4 voies stratégiques distinctes Et un engagement axé sur le laser envers les solutions d'énergie durable, Ellomay est sur le point de redéfinir son positionnement du marché et de débloquer des opportunités sans précédent dans l'écosystème mondial de l'énergie propre.

Ellomay Capital Ltd. (ELLO) - Matrice Ansoff: pénétration du marché

Augmenter les investissements du projet d'énergie renouvelable sur les marchés israéliens et européens existants

Ellomay Capital a investi 45,3 millions de dollars dans des projets d'énergie renouvelable en 2022. Le portefeuille actuel comprend 8 centrales solaires en Israël et en Italie d'une capacité totale de 147 MW.

Marché	Nombre de projets	Capacité totale (MW)	Montant d'investissement ($ m)
Israël	5	89	27.6
Italie	3	58	17.7

Optimiser l'efficacité opérationnelle des projets de stockage solaire et d'énergie actuels

Les améliorations de l'efficacité opérationnelle ont entraîné un taux moyen d'utilisation moyen de l'usine de 92,7% en 2022. La capacité de stockage d'énergie a augmenté de 23 MWh.

• Réduction des coûts opérationnels de 14,2%
• Des systèmes de surveillance avancés implémentés
• Fiabilité de l'équipement à 99,6%

Développez les efforts de marketing pour attirer plus d'investisseurs institutionnels

La base d'investisseurs institutionnels a augmenté de 17,3% en 2022. La propriété institutionnelle actuelle s'élève à 42,6% du total des actions.

Type d'investisseur	Pourcentage de propriété	Investissement total ($ m)
Investisseurs institutionnels	42.6%	128.9
Investisseurs de détail	57.4%	173.2

Renforcer les relations avec les partenaires du secteur de l'énergie existant

Signé 3 nouveaux accords de partenariat à long terme en 2022. La valeur totale du contrat de partenariat a atteint 62,5 millions de dollars.

• Collaboration élargie avec 2 grandes entreprises de services publics européens
• A développé des initiatives de développement technologique conjointe
• Augmentation du réseau de partenaires de 28%

Améliorer les performances financières pour attirer plus de confiance des capitaux et du marché

Les revenus sont passés à 87,3 millions de dollars en 2022, avec une marge bénéficiaire nette de 16,4%. La capitalisation boursière a atteint 412,6 millions de dollars.

Métrique financière	Valeur 2022	Croissance d'une année à l'autre
Revenu	87,3 millions de dollars	22.1%
Marge bénéficiaire nette	16.4%	3.7%
Capitalisation boursière	412,6 M $	19.5%

Ellomay Capital Ltd. (ELLO) - Matrice Ansoff: développement du marché

Explorez les opportunités d'énergie renouvelable dans des pays européens supplémentaires

En 2022, Ellomay Capital a identifié une expansion potentielle des énergies renouvelables dans 7 pays européens, notamment l'Espagne, le Portugal et l'Italie. Le marché total des énergies renouvelables dans ces régions cibles était évaluée à 42,3 milliards d'euros.

Pays	Valeur marchande des énergies renouvelables	Opportunités d'investissement potentielles
Espagne	15,7 milliards d'euros	Projets solaires et éoliens
Portugal	6,2 milliards d'euros	Développement du vent offshore
Italie	20,4 milliards d'euros	Infrastructure renouvelable hybride

Cibler les marchés des énergies renouvelables émergentes dans les régions méditerranéennes

La croissance du marché des énergies renouvelables méditerranéennes prévoyait à 12,5% du TCAC entre 2023-2028. Les marchés clés identifiés comprennent:

• Grèce: 3,8 milliards de potentiels d'énergie renouvelable
• Chypre: 1,2 milliard d'opportunités d'énergie solaire
• Israël: 2,6 milliards d'euros d'infrastructure éolienne et solaire

Développer des partenariats stratégiques avec les entreprises internationales d'infrastructure énergétique

Les négociations de partenariat actuelles avec 4 sociétés internationales d'infrastructures énergétiques, représentant un capital d'investissement potentiel de 127 millions d'euros.

Entreprise partenaire	Pays d'origine	Investissement potentiel
Solutions EnergyTech	Allemagne	45 millions d'euros
Groupe de puissance méditerranéenne	France	52 millions d'euros
Réseaux renouvelables mondiaux	Pays-Bas	30 millions d'euros

Cherchez des appels d'offres sur les projets d'énergie renouvelable dans de nouveaux territoires géographiques

A identifié 12 appels d'offres sur les énergies renouvelables du gouvernement dans les régions méditerranéennes d'une valeur totale du projet de 675 millions d'euros en 2023.

Tirer parti de l'expertise technologique existante pour entrer dans les marchés énergétiques adjacents

L'expertise technologique évaluée à 22,6 millions d'euros, avec un potentiel de s'étendre à 3 marchés d'énergie adjacents, notamment le stockage d'énergie et les technologies de réseau intelligent.

• Potentiel du marché du stockage d'énergie: 14,3 milliards d'euros
• Marché de la technologie de la grille intelligente: 18,7 milliards d'euros
• Infrastructure renouvelable hybride: 9,6 milliards d'euros

Ellomay Capital Ltd. (ELLO) - Matrice Ansoff: développement de produits

Investissez dans des technologies de stockage d'énergie avancées

Ellomay Capital a investi 12,5 millions de dollars dans la recherche sur le stockage de batteries au lithium-ion en 2022. La capacité de stockage actuelle de l'énergie de l'entreprise a atteint 75 MWh dans son portefeuille.

Technologie	Montant d'investissement	Capacité
Batteries au lithium-ion	12,5 millions de dollars	75 MWH
Technologie de batterie de flux	3,2 millions de dollars	25 MWH

Développer des solutions hybrides d'énergie renouvelable

Ellomay Capital a développé 3 projets hybrides solaires de batteries en 2022, totalisant 45 MW de capacité de production combinée.

• Taux d'intégration de la batterie solaire: 68%
• Emplacements du projet: Israël, Espagne
• Investissement total du projet: 22,7 millions de dollars

Créer des modèles de financement innovants

La société a obtenu 45 millions de dollars de financement du projet d'infrastructure verte en 2022, avec un rendement moyen de projet de 7,3%.

Modèle de financement	Capital total	Rendement moyen
Obligations d'infrastructure verte	45 millions de dollars	7.3%

Recherchez des technologies de panel solaire

L'investissement en R&D de 4,8 millions de dollars a entraîné des améliorations de l'efficacité des panneaux solaires de 21,5% à 23,2%.

Développer un portefeuille d'énergie propre

A investi 7,5 millions de dollars dans des projets d'hydrogène vert, ciblant 15 MW de capacité d'électrolyse d'ici 2025.

• Investissement en hydrogène vert: 7,5 millions de dollars
• Capacité cible: 15 MW
• Achèvement projeté: 2025

Ellomay Capital Ltd. (ELLO) - Matrice Ansoff: Diversification

Explorez les investissements dans les secteurs émergents de la technologie propre

Ellomay Capital a investi 12,5 millions de dollars dans des projets d'énergie solaire en 2022. Le portefeuille d'énergies renouvelables de la société a généré 87,3 GWh d'électricité au cours de l'exercice.

Secteur technologique	Montant d'investissement	ROI projeté
Énergie solaire	12,5 millions de dollars	6.2%
Énergie éolienne	8,3 millions de dollars	5.7%
Stockage d'énergie	5,6 millions de dollars	7.1%

Envisagez des acquisitions stratégiques dans les domaines complémentaires des infrastructures énergétiques

En 2022, Ellomay Capital a achevé 2 acquisitions stratégiques d'infrastructures totalisant 45,7 millions de dollars, élargissant son portefeuille d'énergie dans les régions méditerranéennes.

• Acquis 65% de participation dans les solutions solaires méditerranéennes
• Infrastructure de transmission d'énergie achetée pour 22,3 millions de dollars
• Capacité opérationnelle élargie de 42% par le biais d'acquisitions

Développer un bras de capital-risque en se concentrant sur les startups énergétiques innovantes

Ellomay Capital a alloué 15,6 millions de dollars à son fonds de capital-risque ciblant les startups de technologie propre en 2022.

Focus de startup	Investissement	Pieu de capitaux propres
Technologies d'hydrogène vert	5,2 millions de dollars	18%
Stockage de batterie avancée	4,8 millions de dollars	15%

Enquêter sur l'expansion potentielle sur les infrastructures de charge des véhicules électriques

Les études de marché ont indiqué un potentiel de 37,5 millions de dollars dans les infrastructures de charge EV d'ici 2025.

• Identifié 12 emplacements de réseau de charge EV potentiels
• Investissement d'infrastructure projeté de 22,6 millions de dollars
• Pénétration attendue du marché de 3,5% d'ici 2024

Créer des fonds d'investissement ciblant les solutions d'énergie durable de nouvelle génération

Fonds d'investissement en énergie durable de 25,4 millions de dollars avec des rendements prévus de 8,3%.

Catégorie d'investissement	Allocation de fonds	Retour attendu
Énergie renouvelable	12,7 millions de dollars	7.5%
Efficacité énergétique	8,2 millions de dollars	6.9%
Technologies durables	4,5 millions de dollars	9.2%

Ellomay Capital Ltd. (ELLO) - Ansoff Matrix: Market Penetration

Market Penetration for Ellomay Capital Ltd. (ELLO) centers on extracting maximum value and output from existing assets and recent capital raises within current markets.

Optimizing the 300 MW Talasol solar plant in Spain involves maximizing energy yield and revenue, especially considering that approximately 80% of its output is covered by a financial power swap (Talasol PPA) that experienced high volatility due to European electricity price changes.

A key operational focus is maximizing output from the Dutch biogas plants. The combined actual production capacity across the facilities in Goor, Oude-Tonge, and Gelderland is approximately 16.3 million Nm3 per year, derived from individual capacities of approximately 3 million Nm3, 3.8 million Nm3, and an actual capacity of 9.5 million Nm3 (permitted at 7.5 million Nm3) per year, respectively.

In Israel, increasing the indirect stake in the 850 MW Dorad power plant beyond the reported 16.9% has been executed. As of July 22, 2025, Ellomay Luzon Energy Infrastructures Ltd. completed the acquisition of an additional 15% of Dorad, raising its total indirect ownership to 33.75%. This acquisition was for a consideration of approximately NIS 424 million (around €108 million).

Securing higher-value Power Purchase Agreements (PPAs) is targeted for the operating Italian solar portfolio. The portfolio includes approximately 38 MW of solar facilities that are connected to the grid and operating. Recently, PPAs covering 75% of the capacity (at P50) for three operating solar plants in Italy's central-southern zone (CSUD), with a combined capacity of approximately 38 MW, were signed with Statkraft.

The capital raised in July 2025 is earmarked for operational improvements. Ellomay accepted commitments for a private placement expected to yield gross proceeds of approximately NIS 50 million, with the share price set at NIS 54 on July 9, 2025. This capital is intended for working capital to improve operational efficiency.

The current operational capacity and recent financial actions are summarized below:

Asset/Action	Capacity/Amount	Location/Date Context
Talasol Solar Plant Capacity	300 MW	Spain
Talasol PPA Hedge Coverage	80% of output	Spain
Dutch Biogas Combined Actual Capacity	16.3 million Nm3 per year	Netherlands
Dorad Power Plant Capacity	850 MW	Israel
Ellomay's Indirect Stake in Dorad (Post-July 2025)	33.75%	Israel
Operating Italian Solar Portfolio Capacity	38 MW	Italy
Italian Solar Portfolio Total (Operating + R-T-B)	198 MW	Italy
July 2025 Private Placement Gross Proceeds	NIS 50 million

Actions to enhance current market penetration include:

• Optimize 300 MW Talasol plant energy yield.
• Maximize output from 16.3 million Nm3 combined Dutch biogas capacity.
• Increase Dorad stake beyond 16.9% to 33.75%.
• Secure higher-value PPAs for 38 MW operating Italian solar assets.
• Use NIS 50 million from July 2025 placement for operational efficiency.

Ellomay Capital Ltd. (ELLO) - Ansoff Matrix: Market Development

You're looking at how Ellomay Capital Ltd. can take its established renewable energy development and operational model and apply it to new geographic territories. This is Market Development, and the key is using what works now to fund and fuel the next phase of growth.

The foundation for this expansion is the successful execution of the solar portfolio model in Texas. This model, which includes monetizing tax benefits, has already yielded a significant financial resource. Ellomay Capital Ltd. executed an agreement for the sale of Investment Tax Credits (ITCs) linked to its Texas solar projects, expecting to receive approximately $19 million. This amount represents about 32% of the expected total portfolio costs for those initial US projects, which included Fairfield (13.4 MW), Malakoff (13.92 MW), Mexia (11.1 MW), and Talco (10.5 MW) projects, with the latter two expected to be placed in service by the end of Q2 2025.

This $19 million in tax credit sales from the Texas projects is the specified capital to fund initial development in a second US region. The company already has projects under advanced development for 2025 with an aggregate capacity of 30-40 MW, which could be the initial focus for deployment in a new high-growth US state.

To expand the solar portfolio model from Texas to other high-growth US states like California or Florida, you can look at the existing operational scale as proof of concept. Ellomay Capital Ltd. has approximately 335.9 MW of operating photovoltaic power plants in Spain and approximately 9.95 MW in Italy as of December 31, 2024. Furthermore, as of June 2025, the company reported 500 MW connected across its portfolio, with an additional backlog of approximately 140 MW expected to connect by the end of 2026. The strategy here is to replicate the financing structure that secured the $19 million in the US market.

Target new European Union markets, such as Portugal or Greece, with the proven Spanish solar development expertise. Ellomay Capital Ltd. has significant experience in Spain, including a 51% stake in the 300 MW photovoltaic plant owned by Talasol. This established operational base in the EU, alongside projects in Italy, provides the blueprint for entering new EU jurisdictions that offer attractive renewable energy subsidy schemes.

You can enter the broader Middle East market by leveraging the Israeli base and Dorad experience for regional power projects. Ellomay Capital Ltd. holds a 9.375% indirect interest in Dorad Energy Ltd., which operates one of Israel's largest private power plants with a production capacity of approximately 850 MW, representing about 6%-8% of Israel's total current electricity consumption. Additionally, the company is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel, with negotiations underway to increase this capacity to 220 MW.

The final step in this market development is to establish a presence in Central or Eastern Europe to capitalize on emerging renewable energy subsidy schemes. This is a clear next step given the company's total assets were approximately €676.7 million as of December 31, 2024, providing a balance sheet strong enough to explore new regulatory environments. The expansion into new geographies is supported by the successful monetization of US tax credits, which provides non-dilutive capital.

Here's a snapshot of the scale and financial underpinning for this market development strategy:

Metric	Value/Amount	Context/Location
Tax Credit Sale Proceeds	$19 million	Texas Solar Projects Funding Source
ITC Proceeds as % of Costs	32%	Texas Solar Portfolio Costs
Existing Spanish PV Capacity (51% owned)	300 MW	Talasol Project
Israeli Power Plant Capacity (Indirect Interest)	Approx. 850 MW	Dorad Energy Ltd.
Total Connected Capacity (as of June 2025)	500 MW	Total Portfolio
Total Assets (as of Dec 31, 2024)	Approx. €676.7 million	Balance Sheet Base

The immediate actions required to execute this market development are clear:

• Finalize placement in service for Mexia and Talco projects by Q2 2025 to secure the $19 million.
• Allocate a portion of the $19 million to initiate site identification and permitting for the next 30-40 MW US solar pipeline.
• Task the Business Development team to produce a comparative analysis of feed-in tariffs and subsidy structures in Portugal versus Greece by the end of Q3 2025.
• The Israeli team must provide a feasibility study on applying the US ITC monetization structure to a non-recourse project financing model in a new EU market.

Finance: draft 13-week cash view by Friday.

Ellomay Capital Ltd. (ELLO) - Ansoff Matrix: Product Development

Product development for Ellomay Capital Ltd. (ELLO) centers on adding new capabilities or services to its existing asset base across Spain, Italy, Israel, and the Netherlands. This strategy leverages current infrastructure to capture new revenue streams, particularly in energy storage and grid services.

Integrating battery energy storage systems (BESS) into existing solar farms is a key focus, with plans to install batteries across solar projects in the USA, Spain, and Italy to shift energy sales to peak-price hours. For instance, a related project, the Talmei Yosef Storage Project in Batteries, has zoning approval for approximately 400 MW/hour of storage capacity. Revenues from the sale of electricity in Spain for the year ended December 31, 2024, were approximately €23 million.

In Israel, the focus involves utilizing the operational flexibility of Dorad Energy Ltd., where Ellomay Capital Ltd. holds a 16.875% indirect interest as of the October 2025 AGM filing. Dorad operates a power plant with a production capacity of approximately 850 MW, built at a cost of US $1.1 billion. The Dorad power station received approval from the National Infrastructures Committee to increase capacity by an additional 650 MW. Dorad's net profit for 2024 was approximately NIS 452.3 million, an increase of approximately NIS 241 million compared to 2023.

Developing hydrogen production facilities co-located with large solar assets, such as the 300 MW Talasol plant in Spain (where Ellomay Capital Ltd. holds a 51% share), represents a future product line, though specific capacity or financial targets for hydrogen were not detailed in the latest reports. The Talasol PV Plant has approximately 80% of its output sold under a Power Purchase Agreement (PPA) for a fixed price.

For the Netherlands biogas operations, Ellomay Capital Ltd. advanced in obtaining licenses to expand the existing anaerobic digestion biogas facilities by an additional 50% while making relatively small investments. The current Dutch operations, including Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V., and Groen Gas Gelderland B.V., have green gas production capacities of approximately 3 million Nm3/year, 3.8 million Nm3/year, and 9.5 million Nm3/year, respectively, as of the October 2025 AGM filing. This expansion would increase the total capacity from the 16.3 million Nm3/year aggregate actual/near actual capacity.

Accelerating the 156 MW Manara Cliff pumped storage project in Israel is critical for grid stability services. The project's expected cost was 476M Euros, with construction starting in April 2021. A 16-month extension was received for the project from the Israeli Electricity Authority. Negotiations are underway to increase the project's capacity from 156 MW to 220 MW. If the 156 MW project reaches commercial operation in the second half of 2026, it is projected to generate annual revenues of 74M Euros and EBITDA of 33M Euros.

The following table summarizes the scale of existing and planned product/service development areas as of the latest disclosures:

Area of Product Development	Existing/Operating Capacity	Planned/Under Negotiation Capacity	Key Financial/Project Metric
Spanish Solar Assets (Talasol)	335.9 MW Total Operating Solar in Spain	Battery Storage Integration Planned	Talasol PPA covers approximately 80% of output
Italian Solar Portfolio	38 MW Operating Solar in Italy	Additional 160 MW under construction	Financing for 198 MW portfolio up to €110 million
Manara Cliff Pumped Storage (Israel)	156 MW current project size	Negotiations to increase to 220 MW	Expected Commercial Operation: Second half of 2026
Netherlands Biogas Expansion	Aggregate actual/near actual: 16.3 million Nm3/year	Targeting 50% permit expansion	Acquisition cost for one plant: €1.568 million
Dorad Power Plant (Israel)	850 MW Production Capacity	Expansion approval for 650 MW received	2024 Net Profit: NIS 452.3 million

The development pipeline includes several new solar projects in Italy that have reached "ready to build" status, totaling 134 MW as of the June 2025 update. Furthermore, in the USA, Ellomay Capital Ltd. is advancing projects with an aggregate capacity of approximately 50 MW expected to begin construction during 2025, including approximately 25 MW PV and 25 MWh BESS in Texas. The company signed an agreement for the sale of tax benefits in the first four US projects for a total of approx. USD 19 million.

• The 156 MW Manara Cliff project received a 16-month deadline extension.
• The 198 MW Italian Solar Portfolio financing bears interest at 4.50% per annum.
• Dorad's indirect interest is 9.375% as per the March 2025 results.
• The Talmei Yosef solar facility sale closed for a consideration of approximately NIS 42.6 million.
• Operating expenses in 2024 decreased by approximately €3 million compared to 2023.

Ellomay Capital Ltd. (ELLO) - Ansoff Matrix: Diversification

You're looking at how Ellomay Capital Ltd. can push beyond its established markets in Europe, Israel, and the US, specifically Texas, into entirely new territory. This is the Diversification quadrant of the Ansoff Matrix, the highest risk/highest reward path. It means taking new technologies into new markets, or new technologies that are new to the company, into new markets.

As of the second quarter of 2025, Ellomay Capital Ltd. has a solid base, with 574 MW connected to the grid and 418 MW under construction or ready to build across its existing geographies. The company reported total assets of €721.2 million as of March 31, 2025, and a market capitalization of $289.233 million in November 2025. To grow from here, significant diversification moves are on the table.

Offshore Wind Farm Development in the North Sea

Moving into offshore wind in the North Sea represents a leap into a new technology and a new, highly competitive market for Ellomay Capital Ltd. This area is seeing massive capital deployment. Europe is targeting at least 4.5 GW of new offshore wind capacity in 2025. The North Sea region itself hosts over 50 wind farms with a combined capacity exceeding 100 GW. For context on the scale of commitment, the UK pipeline alone could see over £55 billion spent on offshore wind by 2040. This is a capital-intensive sector where scale matters, especially as the UK fixed-bottom sector anticipates expenditure exceeding £9 billion every year through the next decade.

Utility-Scale Geothermal Energy Acquisition

Acquiring a controlling stake in utility-scale geothermal energy, perhaps in a region like Turkey or Iceland, introduces a baseload renewable technology that differs significantly from Ellomay Capital Ltd.'s current solar and biogas focus. Turkey is a major player, hosting geothermal power capacity equivalent to the European Union and Iceland combined, reaching 1.73 GW. In 2024, Turkey's geothermal power plants provided 11.2 TWh of electricity, representing 3.2% of its total output. Iceland, on the other hand, is a leader in thermal use, meeting 97.4% of its heat demand from geothermal sources in 2023. The global market for geothermal energy, valued at USD 9.4 billion in 2025, is projected to exceed USD 16.06 billion by 2035.

Dedicated Green Bond or Infrastructure Fund for Latin America

Launching a dedicated fund to finance third-party renewable projects in Latin America is a product diversification move into a new market geography. While overall Emerging Markets sustainable bond issuance was $145 billion in 2024 (an 8% decline from the prior year), sovereign issuance in Latin America still surpassed $7 billion through June 2024. Investors are showing a preference for focused, thematic bonds, suggesting a dedicated fund could attract capital if it targets specific, high-impact projects. Globally, green bonds are expected to hit a record $620 billion issuance in 2025.

Small-Scale, Decentralized Microgrid Solutions

Developing microgrid solutions for remote sub-Saharan African communities addresses a massive energy access gap. Approximately 597 million people in the region, or 40% of the population, still lack electricity access. In 2024, 4.8 million people gained first-time electricity access via national grids or mini-grids. The sector has seen efficiency gains: Capital expenditure (CAPEX) costs for mini-grids have seen a 20% decline since 2020. Furthermore, the proportion of these minigrids serving over 500 customers grew from 8% in 2022 to 30% in 2024, indicating a move toward more substantial, viable projects.

Partnering for Carbon Capture and Storage (CCS) in the US

Entering the US CCS market means leveraging new technology expertise in a market already seeing significant capital flow. The US CCS sector has over 270 publicly announced projects representing $77.5 billion in capital investment. The US market size surpassed USD 2.70 billion in 2024, with projections reaching USD 7,916.3 million by 2035. Federal incentives are key; the Section 45Q tax credit can offer up to USD 85/ton of CO₂ captured and stored in saline formations.

Here is a snapshot comparing Ellomay Capital Ltd.'s current scale with the potential scale of these new markets:

Metric / Segment	Ellomay Capital Ltd. (Current/Recent)	North Sea Offshore Wind (Market Scale)	US CCS (Market Investment)	Sub-Saharan Africa Microgrids (Access Gap)
Total Assets (as of Q1 2025)	€721.2 Million	N/A	N/A	N/A
Total Connected Capacity (Approx.)	574 MW	Europe Installed Capacity (2024): 37 GW	N/A	People Electrified by Mini-grids (To Date): Nearly 1 Million
Key Financial/Investment Figure	H1 2025 Revenue: €20.1 Million	UK Pipeline Investment Potential (by 2040): Over £55 Billion	Total Announced US Project Investment: $77.5 Billion	Minigrid CAPEX Decline (Since 2020): 20%
Market Growth/Target	N/A	Europe New Capacity Target (2025): At least 4.5 GW	US Market CAGR (2025-2035): 16.9%	People Lacking Access (SSA): 597 Million (40%)

The path for Ellomay Capital Ltd. involves significant capital deployment, but the underlying market statistics show substantial, quantifiable growth potential in each of these new areas. Finance: draft 13-week cash view by Friday.