Ellomay Capital (ELLO) 6-K 30 Sep 24 Report of Foreign Private Issuer Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Jun. 30, 2024
Document Information Line Items
Entity Registrant Name	Ellomay Capital Ltd.
Document Type	6-K
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Central Index Key	0000946394
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity File Number	001-35284

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Interim Statements of Financial Position € in Thousands, $ in Thousands	Jun. 30, 2024 EUR (€)	Jun. 30, 2024 USD ($)		Dec. 31, 2023 EUR (€)
Current assets:
Cash and cash equivalents	€ 56,044	$ 59,938	[1]	€ 51,127
Short term deposits	2,487	2,660	[2]	997
Restricted cash	729	780	[2]	810
Intangible asset from green certificates	214	229	[2]	553
Trade and other receivables	13,540	14,481	[2]	11,717
Derivatives asset short-term	1,096	1,172	[2]	275
Assets of disposal groups classified as held for sale			[2]	28,297
Total Current assests	74,110	79,260	[2]	93,776
Non-current assets
Investment in equity accounted investee	33,532	35,862	[2]	31,772
Advances on account of investments	952	1,018	[2]	898
Fixed assets	443,151	473,944	[2]	407,982
Right-of-use asset	32,594	34,859	[2]	30,967
Restricted cash and deposits	17,340	18,545	[2]	17,386
Deferred tax	7,480	8,000	[2]	8,677
Long term receivables	11,652	12,462	[2]	10,446
Derivatives	13,971	14,942	[2]	10,948
Non-current assets	560,672	599,632	[2]	519,076
Total assets	634,782	678,892	[2]	612,852
Current liabilities
Current maturities of long-term bank loans	10,253	10,965	[2]	9,784
Current maturities of long-term loans	5,000	5,347	[2]	5,000
Current maturities of debentures	33,993	36,355	[2]	35,200
Trade payables	23,657	25,303	[2]	5,249
Other payables	11,361	12,150	[2]	10,859
Current maturities of derivatives			[2]	4,643
Current maturities of lease liabilities	757	810	[2]	700
Liabilities of disposal groups classified as held for sale			[2]	17,142
Total current liabilities	85,021	90,930	[2]	88,577
Non-current liabilities
Long-term lease liabilities	25,619	27,399	[2]	23,680
Long-term bank loans	245,245	262,286	[2]	237,781
Other long-term loans	29,303	31,339	[2]	29,373
Debentures	117,392	125,549	[2]	104,887
Deferred tax	2,587	2,767	[2]	2,516
Other long-term liabilities	2,113	2,260	[2]	939
Derivatives	25	27	[2]
Total Non-current liabilities	422,284	451,627	[2]	399,176
Total liabilities	507,305	542,557	[2]	487,753
Equity
Share capital	25,613	27,393	[2]	25,613
Share premium	86,220	92,211	[2]	86,159
Treasury shares	(1,736)	(1,857)	[2]	(1,736)
Transaction reserve with non-controlling Interests	5,697	6,093	[2]	5,697
Reserves	7,004	7,491	[2]	4,299
Accumulated deficit	(6,471)	(6,921)	[2]	(5,037)
Total equity attributed to shareholders of the Company	116,327	124,410	[2]	114,995
Non-Controlling Interest	11,150	11,925	[2]	10,104
Total equity	127,477	136,335	[3]	125,099
Total liabilities and equity	€ 634,782	$ 678,892	[2]	€ 612,852
[1]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1. 069)[2]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)[3]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Interim Statements of Profit or Loss and Other Comprehensive Income or Loss € in Thousands, $ in Thousands	6 Months Ended					12 Months Ended
	Jun. 30, 2024 EUR (€) € / shares	Jun. 30, 2024 USD ($) $ / shares		Jun. 30, 2023 EUR (€) € / shares	[2]	Dec. 31, 2023 EUR (€) € / shares
Revenues	€ 19,456	$ 20,808	[1]	€ 24,999		€ 48,834
Operating expenses	(9,523)	(10,185)	[1]	(11,845)		(22,861)
Depreciation and amortization expenses	(8,231)	(8,803)	[1]	(7,826)		(16,012)
Gross profit	1,702	1,820	[1]	5,328		9,961
Project development costs	(2,281)	(2,439)	[1]	(2,192)		(4,465)
General and administrative expenses	(3,034)	(3,245)	[1]	(2,816)		(5,283)
Share of profits of equity accounted investee	1,809	1,935	[3]	1,541		4,320
Operating profit (loss)	(1,804)	(1,929)	[1]	1,861		4,533
Financing income	2,424	2,592	[1]	8,188		8,747
Financing income (expenses) in connection with derivatives and warrants, net	2,852	3,050	[1]	(476)		251
Financing expenses	(7,886)	(8,435)	[1]	(6,223)		(12,555)
Financing income (expenses), net	(2,610)	(2,793)	[1]	1,489		(3,557)
Profit (loss) before taxes on income	(4,414)	(4,722)	[1]	3,350		976
Tax benefit	988	1,057	[1]	1,216		1,436
Profit (loss) from continuing operations	(3,426)	(3,665)	[1]	4,566		2,412
Profit (loss) from discontinued operations (net of tax) (see Note 6)	79	84	[1]	(3)		(1,787)
Profit (loss) for the period	(3,347)	(3,581)	[3]	4,563		625
Profit (loss) attributable to:
Owners of the Company	(1,434)	(1,534)	[1]	5,476		2,219
Non-controlling interests	(1,913)	(2,047)	[1]	(913)		(1,594)
Profit (loss) for the period	(3,347)	(3,581)	[3]	4,563		625
Other comprehensive loss items that after initial recognition in comprehensive income (loss) were or will be transferred to profit or loss:
Foreign currency translation differences for foreign operations	(433)	(464)	[1]	(8,253)		(7,949)
Foreign currency translation differences for foreign operations that were recognized in profit or loss	255	273	[1]
Effective portion of change in fair value of cash flow hedges	9,126	9,760	[1]	44,200		39,431
Net change in fair value of cash flow hedges transferred to profit or loss	(3,284)	(3,513)	[1]	(4,809)		9,794
Total other comprehensive income	5,664	6,056	[1]	31,138		41,276
Total other comprehensive income attributable to:
Owners of the Company	2,705	2,892	[1]	12,055		16,931
Non-controlling interests	2,959	3,164	[1]	19,083		24,345
Total other comprehensive income	5,664	6,056	[1]	31,138		41,276
Total comprehensive income for the period	2,317	2,475	[4]	35,701		41,901
Total comprehensive income for the period attributable to:
Owners of the Company	1,271	1,358	[1]	17,531		19,150
Non-controlling interests	1,046	1,117	[1]	18,170		22,751
Total comprehensive income for the period	€ 2,317	$ 2,475	[4]	€ 35,701		€ 41,901
Basic profit (loss) per share (in Euro per share and Dollars per share) | (per share)	€ (0.1)	$ (0.11)	[1]	€ 0.43		€ 0.17
Diluted profit (loss) per share (in Euro per share and Dollars per share) | (per share)	(0.1)	(0.11)	[1]	0.43		0.17
Basic profit (loss) per share from continuing operations (in Euro per share and Dollars per share) | (per share)	(0.11)	(0.12)	[1]	0.43		0.31
Diluted profit (loss) per share from continuing operations (in Euro per share and Dollars per share) | (per share)	(0.11)	(0.12)	[1]	0.43		0.31
Basic profit (loss) per share from discontinued operation (in Euro per share and Dollars per share) | (per share)	0.01	0.01	[1]	0		(0.14)
Diluted profit (loss) per share from discontinued operation (in Euro per share and Dollars per share) | (per share)	€ 0.01	$ 0.01	[1]	€ 0		€ (0.14)
[1]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)[2]The results of the Talmei Yosef solar plant have been reclassified as a discontinued operation and the results for these periods have been adjusted accordingly.[3]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1. 069)[4]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)

Unaudited Condensed Consolida_3

Unaudited Condensed Consolidated Interim Statements of Changes in Equity € in Thousands, $ in Thousands	Share capital EUR (€)	Share capital USD ($)		Share premium EUR (€)	Share premium USD ($)		Accumulated deficit EUR (€)	Accumulated deficit USD ($)	[2]	Treasury shares EUR (€)	Treasury shares USD ($)	[2]	Translation reserve from foreign operations EUR (€)	Translation reserve from foreign operations USD ($)	[2]	Hedging Reserve EUR (€)	Hedging Reserve USD ($)	[2]	Interests Transaction reserve with non-controlling Interests EUR (€)	Interests Transaction reserve with non-controlling Interests USD ($)	[2]	Total EUR (€)	Total USD ($)	[2]	Non- controlling Interests EUR (€)	Non- controlling Interests USD ($)	[2]	EUR (€)		USD ($)
Balance at Dec. 31, 2022	€ 25,613			€ 86,038			€ (7,256)			€ (1,736)			€ 7,970			€ (20,602)			€ 5,697			€ 95,724			€ (12,647)			€ 83,077
Profit (loss) for the period							5,476															5,476			(913)			4,563	[1]
Other comprehensive income (loss) for the period													(7,882)			19,937						12,055			19,083			31,138
Total comprehensive income (loss) for the period							5,476						(7,882)			19,937						17,531			18,170			35,701	[1]
Share-based payments				62																		62						62
Balance at Jun. 30, 2023	25,613			86,100			(1,780)			(1,736)			88			(665)			5,697			113,317			5,523			118,840
Balance at Dec. 31, 2022	25,613			86,038			(7,256)			(1,736)			7,970			(20,602)			5,697			95,724			(12,647)			83,077
Profit (loss) for the period							2,219															2,219			(1,594)			625
Other comprehensive income (loss) for the period													(7,585)			24,516						16,931			24,345			41,276
Total comprehensive income (loss) for the period							2,219						(7,585)			24,516						19,150			22,751			41,901
Share-based payments				121																		121						121
Balance at Dec. 31, 2023	25,613	$ 27,393	[2]	86,159	$ 92,146		(5,037)	$ (5,387)		(1,736)	$ (1,857)		385	$ 413		3,914	$ 4,186		5,697	$ 6,093		114,995	$ 122,987		10,104	$ 10,808		125,099		$ 133,795	[2]
Profit (loss) for the period			[2]			[2]	(1,434)	(1,534)														(1,434)	(1,534)		(1,913)	(2,047)		(3,347)		(3,581)	[3]
Other comprehensive income (loss) for the period			[2]			[2]							(170)	(182)		2,875	3,074					2,705	2,892		2,959	3,164		5,664		6,056	[2]
Total comprehensive income (loss) for the period			[2]			[2]	(1,434)	(1,534)					(170)	(182)		2,875	3,074					1,271	1,358		1,046	1,117		2,317		2,475	[2]
Share-based payments			[2]	61	65	[2]																61	65					61		65	[2]
Balance at Jun. 30, 2024	€ 25,613	$ 27,393		€ 86,220	$ 92,211	[2]	€ (6,471)	$ (6,921)		€ (1,736)	$ (1,857)		€ 215	$ 231		€ 6,789	$ 7,260		€ 5,697	$ 6,093		€ 116,327	$ 124,410		€ 11,150	$ 11,925		€ 127,477		$ 136,335	[2]
[1]The results of the Talmei Yosef solar plant have been reclassified as a discontinued operation and the results for these periods have been adjusted accordingly.[2]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)[3]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1. 069)

Unaudited Condensed Consolida_4

Unaudited Condensed Consolidated Interim Statements of Cash Flows € in Thousands, $ in Thousands	6 Months Ended					12 Months Ended
	Jun. 30, 2024 EUR (€)	Jun. 30, 2024 USD ($)	[1]	Jun. 30, 2023 EUR (€)		Dec. 31, 2023 EUR (€)
Cash flows from operating activities
Profit (loss) for the period	€ (3,347)	$ (3,581)		€ 4,563	[2]	€ 625
Adjustments for:
Financing expenses (income), net	2,206	2,361		(1,556)		3,034
Profit from settlement of derivatives contract	199	213
Impairment losses on assets of disposal groups classified as held-for-sale	405	433				2,565
Depreciation and amortization	8,279	8,854		8,064		16,473
Share-based payment transactions	61	65		62		121
Share of profits of equity accounted investees	(1,809)	(1,935)		(1,541)	[2]	(4,320)
Change in trade receivables and other receivables	(3,214)	(3,437)		558		(302)
Change in other assets	5	5		(155)		(681)
Change in receivables from concessions project	793	848		836		1,778
Change in trade payables	(633)	(677)		(1,409)		(45)
Change in other payables	1,759	1,881		383		(2,235)
Tax benefit	(993)	(1,062)		(1,203)		(1,852)
Income taxes refund (paid)	479	512		(20)		(912)
Repayment of interest on loan from an equity accounted investee						1,501
Interest received	1,706	1,825		1,353		2,936
Interest paid	(5,428)	(5,805)		(4,664)		(10,082)
Net cash provided by operating activities	468	500		5,271		8,604
Cash flows from investing activities
Acquisition of fixed assets	(19,593)	(20,954)		(26,225)	[3]	(58,848)
Interest paid capitalized to fixed assets	(1,121)	(1,199)		(1,243)	[3]	(2,283)
Proceeds from sale of investments	9,267	9,911
Repayment of loan by an equity accounted investee						1,324
Loan to an equity accounted investee				(68)		(128)
Advances on account of investments	(54)	(58)		(777)		(421)
Proceeds from advances on account of investments in process						2,218
Proceeds from sales of marketable securities				2,837		2,837
Proceeds in settlement of derivatives, net	159	170
Proceeds from in restricted cash, net	119	127		893		840
Investment in short term deposit	(1,483)	(1,586)		(1,257)		(1,092)
Net cash used in investing activities	(12,706)	(13,589)		(25,840)		(55,553)
Cash flows from financing activities
Issuance of warrants	3,735	3,995
Cost associated with long term loans	(1,466)	(1,568)		(706)		(1,877)
Payment of principal of lease liabilities	(486)	(520)		(777)		(1,156)
Proceeds from long term loans	10,478	11,206		21,499		32,157
Repayment of long-term loans	(6,667)	(7,130)		(6,602)		(12,736)
Repayment of Debentures	(35,845)	(38,336)		(17,763)		(17,763)
Proceeds from issuance of Debentures, net	45,790	48,972		55,808		55,808
Net cash provided by financing activities	15,539	16,619		51,459		54,433
Effect of exchange rate fluctuations on cash and cash equivalents	1,188	1,270		(3,478)		(2,387)
Increase in cash and cash equivalents	4,489	4,800		27,412		5,097
Cash and cash equivalents at the beginning of the period	51,127	54,680		46,458		46,458
Cash from disposal groups classified as held-for-sale	428	458		(36)		(428)
Cash and cash equivalents at the end of the period	€ 56,044	$ 59,938		€ 73,834		€ 51,127
[1]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1. 069)[2]The results of the Talmei Yosef solar plant have been reclassified as a discontinued operation and the results for these periods have been adjusted accordingly.[3]Reclassified

General

General	6 Months Ended
	Jun. 30, 2024
General [Abstract]
General	Note 1 - General Ellomay Capital Ltd. (hereinafter - the “Company”), is an Israeli Company involved in the initiation, development, construction and production of renewable and clean energy projects in Europe, USA and Israel. As of June 30, 2024, the Company indirectly owns (i) approximately 335.9 megawatts (“MW”) of solar power plants in Spain (including a 300 MW solar power plant in owned by Talasol, which is 51% owned by the Company) and approximately 20 MW of solar power plants in Italy connected to their respective national grids, (ii) a solar project under construction in Italy with a capacity of 18 MW and solar projects under advanced development in Italy with an aggregate capacity of 195 MW that reached ready to build (“RTB”) status, (iii) 9.375% of Dorad Energy Ltd. (hereinafter - “Dorad”), (iv) Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million Normal Cubic Meter (“Nm3”) per year, respectively, (v) 83.333% of Ellomay Pumped Storage (2014) Ltd., which is constructing a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel (hereinafter – the “Manara PSP”) and (vi) solar projects under construction in the Dallas Metropolitan area, Texas The Company also develops additional solar projects in Italy, US, Spain, and Israel. The ordinary shares of the Company are listed on the NYSE American and on the Tel Aviv Stock Exchange (under the symbol “ELLO”). The address of the Company’s registered office is 18 Rothschild Blvd., Tel Aviv, Israel. Material events in the reporting period Issuance of the Company’s Series F Debentures and Series 2 Warrants in January and of Additional Series F Debentures in April 2024 On January 16, 2024, the Company issued in an Israeli public offering units consisting of an aggregate principal amount of NIS 170 million of its newly issued Series F Debentures, due March 31, 2030, and the Series 2 Warrants to purchase an aggregate of 1,020,000 ordinary shares at a price per share of NIS 80 (subject to customary adjustments), which expire on January 5, 2028. The net proceeds of the offering, net of related expenses such as consultancy fee and commissions, were approximately NIS 165 million (approximately €40 million as of the issuance date). In the event all of the Series 2 Warrants are exercised prior to their expiration date, we will receive additional gross proceeds of NIS 81.6 million. On April 17, 2024, the Company issued an additional NIS 40 million par value of the Series F Debentures in a private placement to Israeli classified investors for an aggregate gross consideration of approximately NIS 37.8 million (approximately €9.4 million as of the issuance date), reflecting a price of NIS 0.946 per NIS 1 principal amount of the Series F Debentures. Following completion of this private placement, the aggregate outstanding par value of the Company’s Series F Debentures was NIS 210 million. The Series F Debentures are not secured by any collateral. The Series F Debentures and the Series 2 Warrants are traded on the TASE. The principal amount of Series F Debentures is repayable in four non-equal installments on March 31 in each of the years 2027 to 2030 (inclusive) as follows: in each of the principal payments in the years 2027 and 2028 a rate of 30% of the principal will be paid, in the principal payment in the year 2029 a rate of 25% of the principal will be paid and in the principal payment in the year 2030 a rate of 15% of the principal will be paid. The Series F Debentures bear a fixed interest at the rate of 5.5% per year (that is not linked to the Israeli CPI or otherwise), payable semi-annually on March 31 and September 30, commencing March 31, 2024 through March 31, 2030 (inclusive). The Series F Deed of Trust includes customary provisions, including (i) a negative pledge such that we may not place a floating charge on all of our assets, subject to certain exceptions and (ii) an obligation to pay additional interest for failure to maintain certain financial covenants, with an increase of 0.25% in the annual interest rate for the period in which we do not meet each standard and up to an increase of 0.75% in the annual interest rate. The Series F Deed of Trust does not restrict our ability to issue any new series of debt instruments, other than in certain specific circumstances, and enables us to expand the Series F Debentures provided that: (i) we are not in default of any of the immediate repayment provisions included in the Series F Deed of Trust or in breach of any of our material obligations to the holders of the Series F Debentures pursuant to the terms of the Series F Deed of Trust, (ii) the expansion will not harm our compliance with the financial covenants for purposes of the immediate repayment provision included in the Series F Deed of Trust and (iii) to the extent the Series F Debentures are rated at the time of the expansion, the expansion will not harm the rating of the existing Series F Debentures. The Series F Deed of Trust includes a number of customary causes for immediate repayment, including a default with certain financial covenants for the applicable period, and as noted above a mechanism for the update of the annual interest rate in the event we do not meet certain financial covenants. The financial covenants are as follows: a. Our Series F Adjusted Balance Sheet Equity (as such term is defined in the Series F Deed of Trust, which, among other exclusions, excludes changes in the fair value of hedging transactions of electricity prices, such as the PPA executed in connection with the Talasol solar plant, and interest rates), on a consolidated basis, shall not be less than €77 million for two consecutive quarters for purposes of the immediate repayment provision and shall not be less than €82 for purposes of the update of the annual interest provision; b. The ratio of (a) the short-term and long-term debt from banks, in addition to the debt to holders of debentures issued by us and any other interest-bearing financial obligations provided by entities who are in the business of lending money (excluding financing of projects and other exclusions as set forth in the Series F Deed of Trust), net of cash and cash equivalents, short-term investments, deposits, financial funds and negotiable securities, to the extent that these are not restricted (with the exception of a restriction for the purpose of securing any financial debt according to this definition) (together - the “Series F Net Financial Debt”), to (b) our Adjusted Balance Sheet Equity, on a consolidated basis, plus the Series F Net Financial Debt (hereinafter - the “Series F CAP, Net”), to which we refer herein as the Series F Ratio of Net Financial Debt to Series F CAP, Net, shall not exceed the rate of 65% for three consecutive quarters for purposes of the immediate repayment provision and shall not exceed a rate of 60% for purposes of the update of the annual interest provision; and c. The ratio of (a) our Series F Net Financial Debt, to (b) our earnings before financial expenses, net, taxes, depreciation and amortization, where the revenues from our operations, such as the Talmei Yosef solar plant, are calculated based on the fixed asset model and not based on the financial asset model (IFRIC 12), and before share-based payments, when the data of assets or projects whose Commercial Operation Date occurred in the four quarters that preceded the test date will be calculated based on Annual Gross Up (as such terms are defined in the Series F Deed of Trust), based on the aggregate four preceding quarters (hereinafter - the “Series F Adjusted EBITDA”), to which we refer to herein as the Series F Ratio of Net Financial Debt to Series F Adjusted EBITDA, shall not be higher than 12 for three consecutive quarters for purposes of the immediate repayment provision and shall not be higher than 11 for purposes of the update of the annual interest provision. The Series F Deed of Trust further provides that we may make distributions (as such term is defined in the Companies Law, e.g. dividends), to our shareholders, provided that: (a) we will not distribute more than 60% of the distributable profit, (b) we will not distribute dividends based on profit due to revaluation (for the removal of doubt, negative goodwill will not be considered a revaluation profit), (c) we are in compliance with all of our material undertakings to the holders of the Series F Debentures, (d) on the date of distribution and after the distribution no cause for immediate repayment exists and (e) we will not make a distribution for as long as a “warning sign” (as such term is defined in the Israeli Securities Regulations) exists. We are also required to maintain the following financial ratios (which are calculated based on the same definitions applicable to the financial covenants set forth above) after the distribution: (i) Series F Adjusted Balance Sheet Equity not lower than €94 million, (ii) Series F Ratio of Net Financial Debt to Series F CAP, Net not to exceed 58%, and (iii) Series F Ratio of Net Financial Debt to Series F Adjusted EBITDA, shall not be higher than 9, and not to make distributions if we do not meet all of our material obligations to the holders of the Series F Debentures and if on the date of distribution and after the distribution a cause for immediate repayment exists. As of June 30, 2024, the financial covenants were met.

Basis of Preparation and Signif

Basis of Preparation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Basis of Preparation and Significant Accounting Policies [Abstract]
Basis of Preparation and Significant Accounting Policies	Note 2 - Basis of Preparation and Significant Accounting Policies The accounting policies applied by the Company in these condensed consolidated unaudited interim financial statements are the same as those applied by the Company in its annual financial statements for 2023. A. Statement of compliance These condensed consolidated interim financial statements have been prepared in accordance with IAS 34 Interim Financial Reporting These condensed consolidated interim financial statements were authorized for issue on September 30 B. Use of estimates and judgments The preparation of financial statements in conformity with IFRS requires management to exercise judgment when making assessments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. The significant judgments made by management in applying the Company’s accounting policies and the principal assumptions used in the estimation of uncertainty were the same as those that applied to the annual financial statements. C. Initial application of new standards, amendments to standards and interpretations Amendment to IAS 1, Presentation of Financial Statements: Classification of Liabilities as Current or Non-Current Non-Current Liabilities with Covenants (hereinafter - the “Subsequent Amendment”) The Amendment, together with the Subsequent Amendment to IAS 1 (see hereunder) replaces certain requirements for classifying liabilities as current or non-current. According to the Amendment, a liability will be classified as non-current when the entity has the right to defer settlement for at least 12 months after the reporting period, and it “has substance” and is in existence at the end of the reporting period. According to the Subsequent Amendment, as published in October 2022, covenants with which the entity must comply after the reporting date, do not affect classification of the liability as current or non-current. Additionally, the Subsequent Amendment adds disclosure requirements for liabilities subject to covenants within 12 months after the reporting date, such as disclosure regarding the nature of the covenants, the date they need to be complied with and facts and circumstances that indicate the entity may have difficulty complying with the covenants. Furthermore, the Amendment clarifies that the conversion option of a liability will affect its classification as current or non-current, other than when the conversion option is recognized as equity. The Amendment and Subsequent Amendment are effective for reporting periods beginning on or after January 1, 2024. The Amendment and Subsequent Amendment are applicable retrospectively, including an amendment to comparative data. Application of the Amendment did not have a material effect on the financial statements. D. New standards, amendments to standards and interpretations not yet adopted IFRS 18, Presentation and Disclosure in Financial Statements This standard replaces IAS 1, Presentation of Financial Statements. The purpose of the standard is to provide improved structure and content to the financial statements, particularly the income statement. The standard includes new disclosure and presentation requirements that were taken from IAS 1, Presentation of Financial Statements, with small changes. As part of the new disclosure requirements, companies will be required to present two subtotals in the income statement: operating profit and profit before financing and taxes. Furthermore, for most companies, the results in the income statements will be classified into three categories: operating profit, profit from investments and profit from financing. In addition to the changes in the structure of the income statements, the standard also includes a requirement to provide separate disclosure in the financial statements regarding the use of management-defined performance measures (non-GAAP measures). Furthermore, the standard adds specific guidance for aggregation and disaggregation of items in the financial statements and in the notes. The standard will encourage companies to avoid classifying items as ‘other’ (for example, other expenses), and using this classification will lead to additional disclosure requirements. This standard is effective for reporting periods beginning on or after January 1, 2027 and is applicable retrospectively, with early adoption permitted. The Company is examining the effects of the standard on its financial statements with no plans for early adoption.

Seasonality

Seasonality	6 Months Ended
	Jun. 30, 2024
Seasonality [Abstract]
Seasonality	Note 3 - Seasonality Solar power production has a seasonal cycle due to its dependency on the direct and indirect sunlight and the effect the amount of sunlight has on the output of energy produced. Thus, low radiation levels during the winter months decrease power production.

Restricted Cash and Deposits

Restricted Cash and Deposits	6 Months Ended
	Jun. 30, 2024
Restricted Cash and Deposits [Abstract]
Restricted Cash and Deposits	Note 4 - Restricted Cash and Deposits June 30, December 31, 2024 2023 € in thousands Short-term restricted cash 729 810 Short-term deposits 2,487 997 Restricted cash and bank deposits, long-term (1) 17,340 17,386 1. Deposits used to secure obligations towards the Israeli Electricity Authority for the license for the pumped-storage project in the Manara Cliff in Israel and to secure obligations under loan agreements.

Trade and Other Receivables

Trade and Other Receivables	6 Months Ended
	Jun. 30, 2024
Trade and Other Receivables [Abstract]
Trade and Other Receivables	Note 5 - Trade and Other Receivables June 30, December 31, 2024 2023 € in thousands Current Assets: Trade and other receivables: Government authorities 4,431 4,851 Income receivable 3,357 1,013 Interest receivable 194 221 Advance tax payment 735 1,028 Trade receivable 706 205 Inventory 827 1,170 Loan to others - 1,246 Prepaid expenses and other 3,290 1,983 13,540 11,717 Non-current Assets: Long term receivables Prepaid expenses associated with long term loans 10,480 9,265 Annual rent deposits 664 656 Loans to others 508 509 Other - 16 11,652 10,446

Investee Companies and Other In

Investee Companies and Other Investments	6 Months Ended
	Jun. 30, 2024
Investee Companies and Other Investments [Abstract]
Investee Companies and Other Investments	Note 6 Information about investee companies and other investments A. Ellomay Luzon Energy (formerly U. Dori Energy Infrastructures Ltd.)- Since November 2010, the Company indirectly (through Ellomay Clean Energy LP (“Ellomay Energy LP”)) holds 50% of Ellomay Luzon Energy (formerly U. Dori Energy Infrastructures Ltd.). Ellomay Luzon Energy holds 18.75% of the share capital of Dorad Energy Ltd. (“Dorad”), which owns an approximate 850 MWp dual-fuel operated power plant in the vicinity of Ashkelon, Israel (the “Dorad Power Plant”). The investment in Ellomay Luzon Energy is accounted for under the equity method. Dorad holds production and supply licenses, both expiring in May 2034 and commenced commercial operation in May 2014. Dorad provided guarantees in favor of the Israeli Electricity Authority, NOGA - Electricity System Management Ltd. and Israel Natural Gas Lines Ltd. These guarantees were provided through Dorad’s shareholders at their proportionate holdings, as required by the financing agreements executed by Dorad. As of June 30, 2024, total performance guarantees provided by Dorad amounted to approximately NIS 170,000 thousand (approximately €42,000 thousand). The Company’s indirect share of guarantees that Dorad provided through its shareholders as of June 30, 2024 was approximately NIS 16,000 thousand (approximately €4,000 thousand). Dorad and its shareholders are involved in several legal proceedings as follows: Petition to Approve a Derivative Claim filed by Ellomay Luzon Energy and Ran Fridrich and Third Party Notices In connection with the description of the petition to approve a derivative claim filed by Ellomay Luzon Energy and Hemi Raphael (replaced by Ran Fridrich) and related third party notices included in Note 6.A to the annual financial statements, on May 15, 2024, the parties filed answers to the responses to the appeals on the arbitration ruling. A preliminary hearing was held on June 5, 2024. Following the preliminary hearing and claim raised at the hearing, including a request to hold a hearing in which the parties will orally present their claims, on June 9, 2024 the arbitrator ruled that in light of the arbitration agreement and the scope of written arguments submitted by the parties, at this stage the arguments in the appeal process will not be heard orally. On July 30, 2024, the arbitrator ruled that the date for issuing the ruling on the appeals will be extended by 120 days from the date the appeal proceeds ended, in addition to the 60-day period for providing the ruling based on the arbitration agreement. Based on the advice of legal counsel of Ellomay Luzon Energy, at this stage it is not possible to estimate the outcome of the appeals. Petition to Approve a Derivative Claim filed by Edelcom In connection with the description of the petition to approve a derivative claim filed by Edelcom Ltd., one of the shareholders of Dorad (“Edelcom”), included in Note 6.A to the annual financial statements, as Edelcom did not appeal the arbitrator’s decision with respect to the petition to approve a derivative claim filed by Edelcom in connection with the entrepreneurship fees, the arbitration award remains unchanged with respect to this petition and claim. Potential Expansion of the Dorad Power Plant (“Dorad 2”) With reference to Note 6.A to the annual financial statements under the heading “ Potential Expansion of the Dorad Power Plant (“Dorad 2”) In September 2024, Edelcom Ltd. submitted a claim against Dorad and the other shareholders of Dorad to the Israeli District Court in Tel Aviv requesting the court to provide the following declaratory judgements: (1) to declare that based on Dorad’s articles of organization the general meeting of the shareholders of Dorad is the authorized body for approving any resolution relating to the change in the field of operations of Dorad, including any planning or construction of a new power plant or the expansion of the capacity of the existing power plant and any budget and preliminary feasibility tests, including the “Dorad 2” project, (2) to declare that based on the articles of organization of Dorad the board of directors of Dorad is the authorized body for advancing and managing the construction of a new power plant or the expansion of the existing power plant, including the “Dorad 2” project, following the approval by Dorad’s shareholders of a resolution to promote the project or perform preliminary feasibility testing, and of a related budget, (3) to declare that any resolution of the shareholders or the board of directors of Dorad in the aforementioned subjects will be approved only if all of the shareholders or all of the directors, as the case may be, voted in favor of the resolution, and (4) to declare that any resolution in connection with the “Dorad 2” project adopted since 2018 and until a ruling is given in connection with the claim, which was not adopted by the authorized bodies of Dorad as set forth in the claim, is null and void. In addition, Edelcom requests that the court issue a permanent injunction instructing Dorad and its other shareholders (the defendants), including anyone on their behalf, not to do any action that relates to a change in Dorad’s field of operation, including planning and construction of a new power plant or the expansion of the existing power plant, including in connection with “Dorad 2” and approving budgets for these actions and/or performing any tests in connection therewith, unless these actions were unanimously approved by the shareholders of Dorad and that the court permit the plaintiff to bifurcate its requests as financial claims may arise in the future. B. Manara Pumped Storage Project – Impact of War in Israel Due to the Iron Swords War, which has also expanded into a security conflict in Israel’s northern region, construction works at the Manara site were halted. During the period, the planning works, the construction of the equipment off site, including the electro-mechanical equipment, and the arrival of the equipment in Israel continued as planned. The Israeli Electricity Authority granted a ten-month extension to the regulatory milestones and the duration of the general license. In August 2024, the Electricity Authority released a hearing expected to grant an additional six-month extension period (a total sixteen-month extension) to the regulatory milestones and the duration of the general license. As part of the standards supporting financing, there is protection for the senior debt (principal and interest) and the developer’s expenses, subject to the approval of the Israeli Electricity Authority on the subject. At this stage the Company cannot quantify the impact on the timing of the construction of the project. In addition, the Company cannot predict at this stage the duration and scope of the Iron Swords War or its effect on the Company, please see Note 6B in the annual financial statements. C. Development of Solar Plants in Texas, USA – During 2023, the Company entered into a Joint Development Agreement with a project development company experienced in the development of energy projects, site acquisition, capital markets and commercial management, and commenced development of solar projects in the vicinity of Dallas, Texas. Each of the solar projects under development is expected to have a capacity of approximately 10-14 MW. There are currently four projects under construction with an aggregate capacity of approximately 48.5 MW (Fairfield, Malakoff, Mexia and Talco). Two of the projects (Fairfield and Malakoff) are expected to be connected to the grid during 2024 and the other two projects (Mexia and Talco) are expected to be connected to the grid during 2025. The aggregate cost of development and construction of these projects is expected to be approximately €63 million, and the projects are expected to be funded partially through a tax credit sale covering approximately 32% of the expenses. A tax credit sale agreement was executed during September 2024 (see Note 11). D. Development of Solar Projects in Italy – In connection with the Framework Agreement executed in December 2019 and further detailed in Note 6.C to the annual financial statements, the construction of the first two solar plants with an aggregate capacity of approximately 20 MW was completed and the plants were connected to the grid and are currently pending PAC (preliminary acceptance certificate). In addition to the aforementioned solar plants that were connected to the grid, an additional solar plant with an aggregate capacity of approximately 18 MW is in advanced construction stages and projects with an aggregate capacity of 195 MW reached RTB (“ready to build”) status, of which projects with an with an aggregate capacity of approximately 20 MW reached RTB (“ready to build”) status following the balance sheet date. E. Project Finance for the Ellomay Solar Plant in Spain – On May 28, 2024, the Company’s indirectly wholly-owned subsidiary, Ellomay Solar, S.L. (“Ellomay Solar”), which owns a 28 MW solar plant in Talaván, Cáceres, Spain that was connected to the grid in June 2022, entered into and reached financial closing of a project finance arrangement (the “Project Finance”) with Bankinter, S.A. The Project Finance is comprised of two facilities: (i) a senior term loan for an amount of €10 million (the “Term Loan”); and (ii) a revolving facility for an amount of €500,000 (the “DSRF”). The Project Finance is for a term of 16 years and is repayable in semi-annual installments (principal and interest). The Project Finance includes a cash sweep mechanism that is expected to reduce the term of the Project Finance to approximately 13 years. The Term Loan and DSRF (to the extent withdrawn) bear an annual interest of Euribor 6-month plus 2.5%. Ellomay Solar entered into swap agreement with respect to the amount of the Project Finance until June 30, 2037, replacing the Euribor 6-month rate with a fixed 6-month rate of approximately 3%, resulting in a fixed annual interest rate of approximately 5.5%. The Project Finance provides for mandatory prepayment upon the occurrence of certain customary events and includes various customary collaterals, representations, warranties and covenants, including covenants to maintain a Debt Service Cover Ratio (“DSCR”) not lower than 1.05:1, and not to make distributions unless, among other things: (i) the DSCR is at least 1.20:1.0, (ii) the first instalment of the Project Finance will be repaid on December 31, 2024, and (iii) no amount under the DSRF has been withdrawn and not fully repaid. Upon financial closing Ellomay Solar withdrew the Term Loan and distributed €9.7 million to Ellomay Luxembourg Holdings S.àr.l, the Company’s wholly-owned subsidiary and Ellomay Solar’s parent company. F. Discontinued operation and Disposal Groups Held for Sale – On December 31, 2023, the Company executed an agreement to sell its holdings in the Talmei Yosef solar plant (the “Talmei Agreement”), which represent the entire Israel solar segment, to Greenlight Fund Limited Partnership and Doral Group Renewable Energy Resources Ltd., in equal parts. The consummation of the Talmei Agreement was subject to several conditions to closing. Following fulfilment of such conditions, the sale was consummated on June 3, 2024. The net consideration paid at closing was approximately NIS 42.6 million (approximately €10.6 million as at the closing date). Proceeds from the sale of the Talmei Yosef solar plant, net of approximately €1.3 million cash and cash equivalents held by Talmei Yosef at closing, amounted to approximately €9.3 million. In connection with the sale of the Talmei Yosef PV Plant, the Company presented the results of the Talmei Yosef PV Plant as a discontinued operation. The assets and liabilities of the Talmei Yosef solar plant were presented as held for sale as at December 31, 2023. The segment was not a discontinued operation or classified as held for sale as at June 30, 2023, therefore, the comparative income statement has been restated to show the discontinued operation separately from continuing operations. In 2023, an impairment loss of €2,565 thousand on the re-measurement of the disposal group to the lower of its carrying amount and its fair value based on Talmei Agreement, based on Talmei Agreement, less costs to sell, has been recognized in the Company’s statement of income. An additional loss of €405 thousand was recognized in the Company’s statement of income for the six months ended June 30, 2024. Assets of disposal groups classified as held for sale December 31 2023 € in thousands Cash and cash equivalents 428 Short-term deposits 12 Receivable from concession project 23,426 Trade and other receivables 587 Right-of-use asset 1,204 Intangible asset 917 Restricted cash and deposits 1,694 Long term receivables 29 Total 28,297 Liabilities of disposal groups classified as held for sale December 31 2023 € in thousands Trade payables 39 Other payables 18 Lease liability 1,321 Long-term bank loans including current maturities 13,047 Deferred tax liabilities 2,717 17,142 Results attributable to discontinued operation For the five For the six For the year € in thousands, except per share data Results of discontinued operation Revenue 278 459 675 Operating expenses (142 ) (183 ) (342 ) Depreciation and amortization expenses (48 ) (236 ) (461 ) Gross profit (loss) from operating activities 88 40 (128 ) General and administrative expenses (13 ) (97 ) (33 ) Operating profit (loss) from operating activities 75 (57 ) (161 ) Financing income 934 833 1,792 Financing expenses (530 ) (766 ) (1,269 ) Financing income, net 404 67 523 Results from operating activities before taxes on income 479 10 362 Taxes on income (129 ) (13 ) (247 ) Results from operating activities, net of taxes on income 350 (3 ) 115 Loss on adjustment to fair value (660 ) - (2,565 ) Foreign currency translation differences for foreign operations that were recognized in profit or loss 255 - - Tax benefit on loss from sale of discontinued operation 134 - 663 Profit (loss) for the year 79 (3 ) (1,787 ) Earnings per share Basic earnings (loss) per share 0.01 0.00 (0.14 ) Diluted earnings (loss) per share 0.01 0.00 (0.14 ) Cash flows from discontinued operation Net cash from operating activities 1,211 1,211 2,587 Net cash used in investing activities (264 ) (462 ) (462 ) Net cash used in financing activities (41 ) (1,143 ) (2,127 ) Net cash from (used in) discontinued operation 906 (394 ) (2 )

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2024
Financial Instruments [Abstract]
Financial Instruments	Note 7 - Financial Instruments Fair value (1) Financial instruments - the composition of the derivatives June 30, December 31, 2024 2023 € in thousands Derivatives presented under current assets Swap contracts 283 275 Forward 199 - Financial power swap 614 - 1,096 275 Derivatives presented under non-current assets Swap contracts 813 607 Financial power swap 13,158 10,341 13,971 10,948 Derivatives presented under current liabilities Financial power swap - (4,643 ) - (4,643 ) Derivatives presented under non-current liabilities Swap contracts (25 ) - (25 ) - (2) Financial instruments measured at fair value for disclosure purposes only The carrying amounts of certain financial assets and liabilities, including cash and cash equivalents, trade receivables, other receivables, other short-term investments, deposits, derivatives, bank overdraft, short-term loans and borrowings, trade payables and other payables are the same or proximate to their fair value. The fair values of the other financial assets and liabilities, together with the carrying amounts shown in the statement of financial position, are as follows: June 30, 2024 Fair value Valuation Carrying determining Inputs used to amount Level 1 Level 2 Level 3 fair value determine fair value € in thousands Non-current liabilities: Debentures 151,385 145,920 - Market price Loans from banks and others (including current maturities) 289,801 - 234,237 - Discounting future cash flows by the market interest rate on the date of measurement. Discount rate of Euribor+ 2%-2.5% with a zero floor, fixed rate for several years 3.1%-6% Linkage to Euribor, 2.75%-4.78% Linkage to Consumer price index in Israel, Floating interest rate based on the Bank of Israel Rate plus a spread of 4.35%, fixed rate of 2.58%-5.5%, Euribor+ 5.27% and 7% Linkage to Consumer price index in Israel. 441,186 145,920 234,237 - December 31, 2023 Fair value Carrying Valuation Inputs used to amount Level 1 Level 2 Level 3 fair value determine fair value € in thousands Non- current liabilities: Debentures 140,087 134,464 - - Market price Loans from banks and others (including current maturities) 281,938 - 231,057 - Discounting future cash flows by the market interest rate on the date of measurement. Discount rate of Euribor+ 2% with a zero floor, fixed rate for several years 3.1%-6% Linkage to Euribor, 2.58%-4.78% Linkage to Consumer price index in Israel, Floating interest rate based on the Bank of Israel Rate plus a spread of 4.35%, fixed rate of 2.58%-5.5%, Euribor+ 5.27% and 7% Linkage to Consumer price index in Israel. 422,025 134,464 231,057 - (3) Fair value hierarchy of financial instruments measured at fair value The table below presents an analysis of financial instruments measured at fair value on the temporal basis using valuation methodology in accordance with hierarchy fair value levels. The various levels are defined as follows: ● Level 1: quoted prices (unadjusted) in active markets for identical instruments. ● Level 2: inputs other than quoted prices included within Level 1 that are observable, either directly or indirectly. ● Level 3: inputs that are not based on observable market data (unobservable inputs). June 30, 2024 Level 1 Level 2 Level 3 Total Valuation techniques for € in thousands determining fair value Swap contracts - 1,071 - 1,071 Fair value is measured by discounting the future cash flows, over the period of the contract and using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks. Forward - 199 - 199 Fair value is measured on the basis of discounting the difference between the forward price in the contract and the current forward price for the residual period until redemption using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks. Financial power swap - - 13,772 13,772 Fair value is measured by discounting the future fixed and assessed cash flows over the period of the contract and using market interest rates appropriate for similar instruments. The value is adjusted for the parties’ credit risks. There have been no transfers from one Level to another Level during the six months ended June 30, 2024. December 31, 2023 Level 1 Level 2 Level 3 Total Valuation techniques for € in thousands determining fair value Swap contracts - 882 - 882 Fair value is measured by discounting the future cash flows, over the period of the contract and using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks. Financial power swap - - 5,698 5,698 Fair value is measured by discounting the future fixed and assessed cash flows over the period of the contract and using market interest rates appropriate for similar instruments. The value is adjusted for the parties’ credit risks. (4) Level 3 financial instruments carried at fair value The table hereunder presents a reconciliation from the beginning balance to the ending balance of financial instruments carried at fair value in level 3 of the fair value hierarchy: Financial assets Financial power swap € in thousands Balance as at December 31, 2023 5,698 Total income recognized in profit or loss (3,898 ) Total income recognized in other comprehensive income 11,972 Balance as at June 30, 2024 13,772

Fixed Assets

Fixed Assets	6 Months Ended
	Jun. 30, 2024
Fixed Assets [Abstract]
Fixed assets	Note 8 - Fixed assets Office Solar Pumped Biogas furniture and plants storage installations equipment Total € in thousands Cost Balance as at January 1, 2024 *288,207 *136,139 38,147 234 462,727 Additions 37,080 5,460 593 18 43,151 Effect of changes in exchange rates 266 (331 ) - - (65 ) Balance as at June 30, 2024 325,553 141,268 38,740 252 505,813 Balance as at January 1, 2023 *268,474 *100,059 36,355 225 405,113 Additions 19,841 42,099 1,792 27 63,759 Transfer to disposal groups held for sale - - - (18 ) (18 ) Effect of changes in exchange rates (108 ) (6,019 ) - - (6,127 ) Balance as at December 31, 2023 *288,207 *136,139 38,147 234 462,727 Depreciation Balance as at January 1, 2024 42,266 - 12,296 183 54,745 Depreciation for the period 6,487 - 1,429 1 7,917 Effect of changes in exchange rates - - - - - Balance as at June 30, 2024 48,753 - 13,725 184 62,662 Balance as at January 1, 2023 29,530 - 9,652 175 39,357 Depreciation for the year 12,736 - 2,644 25 15,405 Transfer to disposal groups held for sale - - - (18 ) (18 ) Effect of changes in exchange rates - - - 1 1 Balance as at December 31, 2023 42,266 - 12,296 183 54,745 Carrying amounts As at June 30, 2024 276,800 141,268 25,015 68 443,151 As at December 31, 2023 245,941 136,139 25,851 51 407,982 * Comparative amounts were reclassified, which resulted in €2,491 thousand and €2,412 thousand being reclassified as of December 31, 2023, and as of December 31, 2022, respectively, from pumped storage to solar plants. Acquisition of fixed assets on credit As of June 30, 2024, the Company acquired fixed assets on credit in the amount of €22,077 thousand. The cost of acquisition had not yet been paid at the reporting date.

Operating Segments

Operating Segments	6 Months Ended
	Jun. 30, 2024
Operating Segments [Abstract]
Operating Segments	Note 9 - Operating Segments The basis of segmentation and the measurement basis for the segment profit or loss are the same as that presented in Note 22 regarding operating segments in the annual financial statements. Segment assets consist of current assets, fixed assets and intangible assets, as included in reports provided regularly to the chief operating decision maker. In the six months ended June 30, 2024, the Company revised the headlines of its segment results to present the results also by geography. The change in presentation did not impact the segment results and the segment presentation for prior periods has been conformed to the current period segment presentation. Italy Spain USA Netherlands Israel Subsidized Solar 28 MW Talasol Manara Pumped Total reportable Total Solar Plants Solar Solar Solar Biogas Dorad Storage Solar* segments Reconciliations consolidated For the six months ended June 30, 2024 € in thousands Revenues 529 1,423 513 8,973 - 8,018 29,803 - 278 49,537 (30,081 ) 19,456 Operating expenses - (273 ) (337 ) (2,252 ) - (6,661 ) (22,088 ) - (142 ) (31,753 ) 22,230 (9,523 ) Depreciation expenses (1 ) (460 ) (587 ) (5,741 ) - (1,442 ) (2,716 ) - (48 ) (10,995 ) 2,764 (8,231 ) Gross profit (loss) 528 690 (411 ) 980 - (85 ) 4,999 - 88 6,789 (5,087 ) 1,702 Adjusted gross profit (loss) 528 690 (411 ) 980 - (85 ) 4,999 - 317 1 7,018 (5,316 ) 1,702 Project development costs (2,281 ) General and administrative expenses (3,034 ) Share of profits of equity accounted investee 1,809 Operating profit (loss) (1,804 ) Financing income 2,424 Financing income in connection with derivatives and warrants, net 2,852 Financing expenses (7,886 ) Loss before taxes on Income (4,414 ) Segment assets as at June 30, 2024 50,898 12,828 19,345 224,778 38,794 31,411 98,481 176,865 - 653,400 (18,618 ) 634,782 * The results of the Talmei Yosef solar plant are presented as a discontinued operation. 1 The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €1,264 thousand) and depreciation expenses (approximately €757 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12. Italy Spain USA Netherlands Israel Subsidized Solar 28 MW Talasol Manara Pumped Total reportable Total Solar Plants Solar Solar Solar Biogas Dorad Storage Solar* segments Reconciliations consolidated For the six months ended June 30, 2023 € in thousands Revenues - 1,463 2,080 12,666 - 8,790 30,305 - 459 55,763 (30,764 ) 24,999 Operating expenses - (264 ) (882 ) (3,125 ) - (7,574 ) (22,588 ) - (183 ) (34,616 ) 22,771 (11,845 ) Depreciation expenses (1 ) (458 ) (469 ) (5,684 ) - (1,204 ) (2,871 ) - (236 ) (10,923 ) 3,097 (7,826 ) Gross profit (loss) (1 ) 741 729 3,857 - 12 4,846 - 40 10,224 (4,896 ) 5,328 Adjusted gross profit (loss) (1 ) 741 729 3,857 - 12 4,846 - 678 1 10,862 (5,534 ) 5,328 Project development costs (2,192 ) General and administrative expenses (2,816 ) Share of profits of equity accounted investee 1,541 Operating profit 1,861 Financing income 8,188 Financing income in connection with derivatives and warrants, net (476 ) Financing expenses (6,699 ) Profit before taxes on Income 3,350 Segment assets as at June 30, 2023 ** 36,183 13,805 20,675 230,428 1,091 31,910 99,033 157,457 31,635 622,217 (17,614 ) 604,603 * The results of the Talmei Yosef solar plant are presented as a discontinued operation. 1 The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €2,032 thousand) and depreciation expenses (approximately €935 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12. ** Reclassified Italy Spain USA Netherlands Israel Subsidized Solar 28 MW Talasol Manara Pumped Total reportable Total Solar Plants Solar Solar Solar Biogas Dorad Storage Solar* segments Reconciliations consolidated For the year ended December 31, 2023 € in thousands Revenues - 2,791 4,051 24,971 - 17,021 63,973 - 675 113,482 (64,648 ) 48,834 Operating expenses - (517 ) (1,825 ) (5,786 ) - (14,733 ) (47,322 ) - (342 ) (70,525 ) 47,664 (22,861 ) Depreciation expenses - (912 ) (946 ) (11,459 ) - (2,670 ) (5,689 ) - (461 ) (22,137 ) 6,125 (16,012 ) Gross profit (loss) - 1,362 1,280 7,726 - (382 ) 10,962 - (128 ) 20,820 (10,859 ) 9,961 Adjusted gross profit (loss) - 1,362 1,280 7,726 - (382 ) 10,962 - 1,223 1 22,171 (12,210 ) 9,961 Project development costs (4,465 ) General and administrative expenses (5,283 ) Share of profits of equity accounted investee 4,320 Operating profit 4,533 Financing income 8,747 Financing income in connection with derivatives and warrants, net 251 Financing expenses (12,555 ) Profit before taxes on Income 976 Segment assets as at December 31, 2023 ** 43,071 12,807 19,691 231,142 6,612 31,164 97,339 172,096 28,297 642,219 (29,367 ) 612,852 * The results of the Talmei Yosef solar plant are presented as a discontinued operation. 1 The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €3,844 thousand) and depreciation expenses (approximately €1,818 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12. ** Reclassified

Leases

Leases	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Leases	Note 10 - Leases 1. Material lease agreements entered into during the period Ellomay Solar Italy - Fifteen in the , 2. Right-of-use assets Netherlands Italy Spain Israel USA Biogas Solar Subsidized Solar Plants 28 MW Solar Talasol Solar Manara Pumped Storage Solar Total € in thousands Cost Balance as at January 1, 2024 20 9,526 977 1,350 7,595 9,425 2,074 30,967 Additions - 1,865 69 83 213 61 24 2,315 Depreciation for the period (13 ) (179 ) (45 ) (22 ) (234 ) (215 ) (33 ) (741 ) Effect of changes in exchange rates - - - - - (19 ) 72 53 Balance as at June 30, 2024 7 11,212 1,001 1,411 7,574 9,252 2,137 32,594 3. Lease liability Maturity analysis of the Company’s lease liabilities June 30, € in thousands Less than one year 757 One to five years 3,267 More than five years 22,352 Total 26,376 Current maturities of lease liability 757 Long-term lease liability 25,619

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 11 - Subsequent events Private Placement of Additional Series F Debentures In August 2024, the Company issued in a private placement to Israeli classified investors NIS 52,029,136 par value of its unsecured non-convertible Series F Debentures (the “Additional Series F Debentures”), at a price of NIS 0.961 per NIS 1 principal amount of the Additional Series F Debentures, for an aggregate gross consideration of approximately NIS 50 million (approximately €12 million as of the issuance date). Following completion of the private placement, the aggregate outstanding par value of the Company’s Series F Debentures is NIS 262,029,136. Texas, USA, Solar Portfolio In August 2024, the Company’s indirectly wholly-owned subsidiary, Ellomay Texas Solar Projects, LP. (“Ellomay Texas Solar”) entered into a Revolving Loan Agreement with Israel Discount Bank of New York (“IDB NY”) for the extension of a $10 million line of credit with a term of up to one year, bearing an interest rate of Prime Rate minus 0.75% (currently 7.75%) with a minimum Prime Rate of 5%. The Revolving Loan Agreement includes various customary representations, warranties and covenants that are similar to the covenants included in the deed of trust governing the Company’s Series F Debentures. In September 2024, the Company’s indirectly wholly-owned subsidiary, Ellomay USA, Inc. (“Ellomay USA”) entered into an agreement for the sale and transfer of Investment Tax Credits (ITCs) linked to its Fairfield (13.4 MW), Malakoff (13.92 MW), Mexia (11.1 MW), and Talco (10.5 MW) solar projects, all located in the State of Texas, USA. The agreement was executed with a reputable financial intuition, with vast experience in executing tax credit transactions. Through this transaction, the Company expects to receive approximately $19 million from the sale of Investment Tax Credits, representing approximately 32% of the expected total portfolio costs. The sale is facilitated under the Inflation Reduction Act’s new transferability provisions, allowing Ellomay to retain 100% of the operating profits from these projects. Funds from the sale of the ITCs generated from a project will be disbursed after such project is placed in service and meets the applicable requirements. The agreement includes customary indemnification obligations (for damages not covered by tax insurance policy), including in connection with certain continued eligibility requirements and scope of the ITCs, for which the Company provided a guarantee to the purchaser of the ITCs. Spain, Ellomay Solar and Talasol Facilities On July 20, 2024, a fire broke out in the area between the Talasol Solar facility and the Ellomay Solar facility. Currently, most of the damage was repaired and the solar plants are connected and operating. The solar plants are insured with policies covering loss of profits and direct and indirect damages, and the insurance providers have been notified of the fire and the damage. The Company currently expects that the insurance policies will cover substantially all of the losses and damages, subject to deductibles.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Statement of compliance	A. Statement of compliance These condensed consolidated interim financial statements have been prepared in accordance with IAS 34 Interim Financial Reporting These condensed consolidated interim financial statements were authorized for issue on September 30
Use of estimates and judgments	B. Use of estimates and judgments The preparation of financial statements in conformity with IFRS requires management to exercise judgment when making assessments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. The significant judgments made by management in applying the Company’s accounting policies and the principal assumptions used in the estimation of uncertainty were the same as those that applied to the annual financial statements.
Initial application of new standards, amendments to standards and interpretations	C. Initial application of new standards, amendments to standards and interpretations Amendment to IAS 1, Presentation of Financial Statements: Classification of Liabilities as Current or Non-Current Non-Current Liabilities with Covenants (hereinafter - the “Subsequent Amendment”) The Amendment, together with the Subsequent Amendment to IAS 1 (see hereunder) replaces certain requirements for classifying liabilities as current or non-current. According to the Amendment, a liability will be classified as non-current when the entity has the right to defer settlement for at least 12 months after the reporting period, and it “has substance” and is in existence at the end of the reporting period. According to the Subsequent Amendment, as published in October 2022, covenants with which the entity must comply after the reporting date, do not affect classification of the liability as current or non-current. Additionally, the Subsequent Amendment adds disclosure requirements for liabilities subject to covenants within 12 months after the reporting date, such as disclosure regarding the nature of the covenants, the date they need to be complied with and facts and circumstances that indicate the entity may have difficulty complying with the covenants. Furthermore, the Amendment clarifies that the conversion option of a liability will affect its classification as current or non-current, other than when the conversion option is recognized as equity. The Amendment and Subsequent Amendment are effective for reporting periods beginning on or after January 1, 2024. The Amendment and Subsequent Amendment are applicable retrospectively, including an amendment to comparative data. Application of the Amendment did not have a material effect on the financial statements.
New standards, amendments to standards and interpretations not yet adopted	D. New standards, amendments to standards and interpretations not yet adopted IFRS 18, Presentation and Disclosure in Financial Statements This standard replaces IAS 1, Presentation of Financial Statements. The purpose of the standard is to provide improved structure and content to the financial statements, particularly the income statement. The standard includes new disclosure and presentation requirements that were taken from IAS 1, Presentation of Financial Statements, with small changes. As part of the new disclosure requirements, companies will be required to present two subtotals in the income statement: operating profit and profit before financing and taxes. Furthermore, for most companies, the results in the income statements will be classified into three categories: operating profit, profit from investments and profit from financing. In addition to the changes in the structure of the income statements, the standard also includes a requirement to provide separate disclosure in the financial statements regarding the use of management-defined performance measures (non-GAAP measures). Furthermore, the standard adds specific guidance for aggregation and disaggregation of items in the financial statements and in the notes. The standard will encourage companies to avoid classifying items as ‘other’ (for example, other expenses), and using this classification will lead to additional disclosure requirements. This standard is effective for reporting periods beginning on or after January 1, 2027 and is applicable retrospectively, with early adoption permitted. The Company is examining the effects of the standard on its financial statements with no plans for early adoption.

Restricted Cash and Deposits (T

Restricted Cash and Deposits (Tables)	6 Months Ended
	Jun. 30, 2024
Restricted Cash and Deposits [Abstract]
Schedule of Restricted Cash and Deposits	June 30, December 31, 2024 2023 € in thousands Short-term restricted cash 729 810 Short-term deposits 2,487 997 Restricted cash and bank deposits, long-term (1) 17,340 17,386 1. Deposits used to secure obligations towards the Israeli Electricity Authority for the license for the pumped-storage project in the Manara Cliff in Israel and to secure obligations under loan agreements.

Trade and Other Receivables (Ta

Trade and Other Receivables (Tables)	6 Months Ended
	Jun. 30, 2024
Trade and Other Receivables [Abstract]
Schedule of Current Assets - Trade and Other receivables	June 30, December 31, 2024 2023 € in thousands Current Assets: Trade and other receivables: Government authorities 4,431 4,851 Income receivable 3,357 1,013 Interest receivable 194 221 Advance tax payment 735 1,028 Trade receivable 706 205 Inventory 827 1,170 Loan to others - 1,246 Prepaid expenses and other 3,290 1,983 13,540 11,717 Non-current Assets: Long term receivables Prepaid expenses associated with long term loans 10,480 9,265 Annual rent deposits 664 656 Loans to others 508 509 Other - 16 11,652 10,446

Investee Companies and Other _2

Investee Companies and Other Investments (Tables)	6 Months Ended
	Jun. 30, 2024
Investee Companies and Other Investments [Abstract]
Schedule of Assets and Liabilities Disposal Groups Classified as Held for Sale	Assets of disposal groups classified as held for sale December 31 2023 € in thousands Cash and cash equivalents 428 Short-term deposits 12 Receivable from concession project 23,426 Trade and other receivables 587 Right-of-use asset 1,204 Intangible asset 917 Restricted cash and deposits 1,694 Long term receivables 29 Total 28,297 Liabilities of disposal groups classified as held for sale December 31 2023 € in thousands Trade payables 39 Other payables 18 Lease liability 1,321 Long-term bank loans including current maturities 13,047 Deferred tax liabilities 2,717 17,142
Schedule of Results Attributable to Discontinued Operation	Results attributable to discontinued operation For the five For the six For the year € in thousands, except per share data Results of discontinued operation Revenue 278 459 675 Operating expenses (142 ) (183 ) (342 ) Depreciation and amortization expenses (48 ) (236 ) (461 ) Gross profit (loss) from operating activities 88 40 (128 ) General and administrative expenses (13 ) (97 ) (33 ) Operating profit (loss) from operating activities 75 (57 ) (161 ) Financing income 934 833 1,792 Financing expenses (530 ) (766 ) (1,269 ) Financing income, net 404 67 523 Results from operating activities before taxes on income 479 10 362 Taxes on income (129 ) (13 ) (247 ) Results from operating activities, net of taxes on income 350 (3 ) 115 Loss on adjustment to fair value (660 ) - (2,565 ) Foreign currency translation differences for foreign operations that were recognized in profit or loss 255 - - Tax benefit on loss from sale of discontinued operation 134 - 663 Profit (loss) for the year 79 (3 ) (1,787 ) Earnings per share Basic earnings (loss) per share 0.01 0.00 (0.14 ) Diluted earnings (loss) per share 0.01 0.00 (0.14 ) Cash flows from discontinued operation Net cash from operating activities 1,211 1,211 2,587 Net cash used in investing activities (264 ) (462 ) (462 ) Net cash used in financing activities (41 ) (1,143 ) (2,127 ) Net cash from (used in) discontinued operation 906 (394 ) (2 )

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2024
Financial Instruments [Abstract]
Schedule of Composition of Derivatives	Financial instruments - the composition of the derivatives June 30, December 31, 2024 2023 € in thousands Derivatives presented under current assets Swap contracts 283 275 Forward 199 - Financial power swap 614 - 1,096 275 Derivatives presented under non-current assets Swap contracts 813 607 Financial power swap 13,158 10,341 13,971 10,948 Derivatives presented under current liabilities Financial power swap - (4,643 ) - (4,643 ) Derivatives presented under non-current liabilities Swap contracts (25 ) - (25 ) -
Schedule of Fair Values of the Other Financial Assets and Liabilities	The fair values of the other financial assets and liabilities, together with the carrying amounts shown in the statement of financial position, are as follows: June 30, 2024 Fair value Valuation Carrying determining Inputs used to amount Level 1 Level 2 Level 3 fair value determine fair value € in thousands Non-current liabilities: Debentures 151,385 145,920 - Market price Loans from banks and others (including current maturities) 289,801 - 234,237 - Discounting future cash flows by the market interest rate on the date of measurement. Discount rate of Euribor+ 2%-2.5% with a zero floor, fixed rate for several years 3.1%-6% Linkage to Euribor, 2.75%-4.78% Linkage to Consumer price index in Israel, Floating interest rate based on the Bank of Israel Rate plus a spread of 4.35%, fixed rate of 2.58%-5.5%, Euribor+ 5.27% and 7% Linkage to Consumer price index in Israel. 441,186 145,920 234,237 - December 31, 2023 Fair value Carrying Valuation Inputs used to amount Level 1 Level 2 Level 3 fair value determine fair value € in thousands Non- current liabilities: Debentures 140,087 134,464 - - Market price Loans from banks and others (including current maturities) 281,938 - 231,057 - Discounting future cash flows by the market interest rate on the date of measurement. Discount rate of Euribor+ 2% with a zero floor, fixed rate for several years 3.1%-6% Linkage to Euribor, 2.58%-4.78% Linkage to Consumer price index in Israel, Floating interest rate based on the Bank of Israel Rate plus a spread of 4.35%, fixed rate of 2.58%-5.5%, Euribor+ 5.27% and 7% Linkage to Consumer price index in Israel. 422,025 134,464 231,057 -
Schedule of Fair Value Hierarchy	The table below presents an analysis of financial instruments measured at fair value on the temporal basis using valuation methodology in accordance with hierarchy fair value levels. The various levels are defined as follows: June 30, 2024 Level 1 Level 2 Level 3 Total Valuation techniques for € in thousands determining fair value Swap contracts - 1,071 - 1,071 Fair value is measured by discounting the future cash flows, over the period of the contract and using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks. Forward - 199 - 199 Fair value is measured on the basis of discounting the difference between the forward price in the contract and the current forward price for the residual period until redemption using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks. Financial power swap - - 13,772 13,772 Fair value is measured by discounting the future fixed and assessed cash flows over the period of the contract and using market interest rates appropriate for similar instruments. The value is adjusted for the parties’ credit risks. December 31, 2023 Level 1 Level 2 Level 3 Total Valuation techniques for € in thousands determining fair value Swap contracts - 882 - 882 Fair value is measured by discounting the future cash flows, over the period of the contract and using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks. Financial power swap - - 5,698 5,698 Fair value is measured by discounting the future fixed and assessed cash flows over the period of the contract and using market interest rates appropriate for similar instruments. The value is adjusted for the parties’ credit risks.
Schedule of Reconciliation Financial Instruments Carried at Fair Value	The table hereunder presents a reconciliation from the beginning balance to the ending balance of financial instruments carried at fair value in level 3 of the fair value hierarchy: Financial assets Financial power swap € in thousands Balance as at December 31, 2023 5,698 Total income recognized in profit or loss (3,898 ) Total income recognized in other comprehensive income 11,972 Balance as at June 30, 2024 13,772

Fixed Assets (Tables)

Fixed Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Fixed Assets [Abstract]
Schedule of Fixed Assets	Office Solar Pumped Biogas furniture and plants storage installations equipment Total € in thousands Cost Balance as at January 1, 2024 *288,207 *136,139 38,147 234 462,727 Additions 37,080 5,460 593 18 43,151 Effect of changes in exchange rates 266 (331 ) - - (65 ) Balance as at June 30, 2024 325,553 141,268 38,740 252 505,813 Balance as at January 1, 2023 *268,474 *100,059 36,355 225 405,113 Additions 19,841 42,099 1,792 27 63,759 Transfer to disposal groups held for sale - - - (18 ) (18 ) Effect of changes in exchange rates (108 ) (6,019 ) - - (6,127 ) Balance as at December 31, 2023 *288,207 *136,139 38,147 234 462,727 Depreciation Balance as at January 1, 2024 42,266 - 12,296 183 54,745 Depreciation for the period 6,487 - 1,429 1 7,917 Effect of changes in exchange rates - - - - - Balance as at June 30, 2024 48,753 - 13,725 184 62,662 Balance as at January 1, 2023 29,530 - 9,652 175 39,357 Depreciation for the year 12,736 - 2,644 25 15,405 Transfer to disposal groups held for sale - - - (18 ) (18 ) Effect of changes in exchange rates - - - 1 1 Balance as at December 31, 2023 42,266 - 12,296 183 54,745 Carrying amounts As at June 30, 2024 276,800 141,268 25,015 68 443,151 As at December 31, 2023 245,941 136,139 25,851 51 407,982 * Comparative amounts were reclassified, which resulted in €2,491 thousand and €2,412 thousand being reclassified as of December 31, 2023, and as of December 31, 2022, respectively, from pumped storage to solar plants.

Operating Segments (Tables)

Operating Segments (Tables)	6 Months Ended
	Jun. 30, 2024
Operating Segments [Abstract]
Schedule of Fixed Assets, Net	The change in presentation did not impact the segment results and the segment presentation for prior periods has been conformed to the current period segment presentation. Italy Spain USA Netherlands Israel Subsidized Solar 28 MW Talasol Manara Pumped Total reportable Total Solar Plants Solar Solar Solar Biogas Dorad Storage Solar* segments Reconciliations consolidated For the six months ended June 30, 2024 € in thousands Revenues 529 1,423 513 8,973 - 8,018 29,803 - 278 49,537 (30,081 ) 19,456 Operating expenses - (273 ) (337 ) (2,252 ) - (6,661 ) (22,088 ) - (142 ) (31,753 ) 22,230 (9,523 ) Depreciation expenses (1 ) (460 ) (587 ) (5,741 ) - (1,442 ) (2,716 ) - (48 ) (10,995 ) 2,764 (8,231 ) Gross profit (loss) 528 690 (411 ) 980 - (85 ) 4,999 - 88 6,789 (5,087 ) 1,702 Adjusted gross profit (loss) 528 690 (411 ) 980 - (85 ) 4,999 - 317 1 7,018 (5,316 ) 1,702 Project development costs (2,281 ) General and administrative expenses (3,034 ) Share of profits of equity accounted investee 1,809 Operating profit (loss) (1,804 ) Financing income 2,424 Financing income in connection with derivatives and warrants, net 2,852 Financing expenses (7,886 ) Loss before taxes on Income (4,414 ) Segment assets as at June 30, 2024 50,898 12,828 19,345 224,778 38,794 31,411 98,481 176,865 - 653,400 (18,618 ) 634,782 * The results of the Talmei Yosef solar plant are presented as a discontinued operation. 1 The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €1,264 thousand) and depreciation expenses (approximately €757 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12. Italy Spain USA Netherlands Israel Subsidized Solar 28 MW Talasol Manara Pumped Total reportable Total Solar Plants Solar Solar Solar Biogas Dorad Storage Solar* segments Reconciliations consolidated For the six months ended June 30, 2023 € in thousands Revenues - 1,463 2,080 12,666 - 8,790 30,305 - 459 55,763 (30,764 ) 24,999 Operating expenses - (264 ) (882 ) (3,125 ) - (7,574 ) (22,588 ) - (183 ) (34,616 ) 22,771 (11,845 ) Depreciation expenses (1 ) (458 ) (469 ) (5,684 ) - (1,204 ) (2,871 ) - (236 ) (10,923 ) 3,097 (7,826 ) Gross profit (loss) (1 ) 741 729 3,857 - 12 4,846 - 40 10,224 (4,896 ) 5,328 Adjusted gross profit (loss) (1 ) 741 729 3,857 - 12 4,846 - 678 1 10,862 (5,534 ) 5,328 Project development costs (2,192 ) General and administrative expenses (2,816 ) Share of profits of equity accounted investee 1,541 Operating profit 1,861 Financing income 8,188 Financing income in connection with derivatives and warrants, net (476 ) Financing expenses (6,699 ) Profit before taxes on Income 3,350 Segment assets as at June 30, 2023 ** 36,183 13,805 20,675 230,428 1,091 31,910 99,033 157,457 31,635 622,217 (17,614 ) 604,603 1 The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €2,032 thousand) and depreciation expenses (approximately €935 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12. ** Reclassified Italy Spain USA Netherlands Israel Subsidized Solar 28 MW Talasol Manara Pumped Total reportable Total Solar Plants Solar Solar Solar Biogas Dorad Storage Solar* segments Reconciliations consolidated For the year ended December 31, 2023 € in thousands Revenues - 2,791 4,051 24,971 - 17,021 63,973 - 675 113,482 (64,648 ) 48,834 Operating expenses - (517 ) (1,825 ) (5,786 ) - (14,733 ) (47,322 ) - (342 ) (70,525 ) 47,664 (22,861 ) Depreciation expenses - (912 ) (946 ) (11,459 ) - (2,670 ) (5,689 ) - (461 ) (22,137 ) 6,125 (16,012 ) Gross profit (loss) - 1,362 1,280 7,726 - (382 ) 10,962 - (128 ) 20,820 (10,859 ) 9,961 Adjusted gross profit (loss) - 1,362 1,280 7,726 - (382 ) 10,962 - 1,223 1 22,171 (12,210 ) 9,961 Project development costs (4,465 ) General and administrative expenses (5,283 ) Share of profits of equity accounted investee 4,320 Operating profit 4,533 Financing income 8,747 Financing income in connection with derivatives and warrants, net 251 Financing expenses (12,555 ) Profit before taxes on Income 976 Segment assets as at December 31, 2023 ** 43,071 12,807 19,691 231,142 6,612 31,164 97,339 172,096 28,297 642,219 (29,367 ) 612,852 1 The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €3,844 thousand) and depreciation expenses (approximately €1,818 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12.

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2024
Leases [Abstract]
Schedule of Right-of-use Assets	Right-of-use assets Netherlands Italy Spain Israel USA Biogas Solar Subsidized Solar Plants 28 MW Solar Talasol Solar Manara Pumped Storage Solar Total € in thousands Cost Balance as at January 1, 2024 20 9,526 977 1,350 7,595 9,425 2,074 30,967 Additions - 1,865 69 83 213 61 24 2,315 Depreciation for the period (13 ) (179 ) (45 ) (22 ) (234 ) (215 ) (33 ) (741 ) Effect of changes in exchange rates - - - - - (19 ) 72 53 Balance as at June 30, 2024 7 11,212 1,001 1,411 7,574 9,252 2,137 32,594
Schedule of Maturity Analysis of Company's Lease Liabilities	Maturity analysis of the Company’s lease liabilities June 30, € in thousands Less than one year 757 One to five years 3,267 More than five years 22,352 Total 26,376 Current maturities of lease liability 757 Long-term lease liability 25,619

General (Details)

General (Details) ₪ / shares in Units, $ / shares in Units, € in Thousands, $ in Thousands

6 Months Ended

Apr. 17, 2024 EUR (€)

Apr. 17, 2024 ILS (₪)

Jun. 30, 2024 EUR (€)

Jun. 30, 2024 USD ($)

Jun. 30, 2024 ILS (₪)

Mar. 31, 2030

Mar. 31, 2029

Mar. 31, 2028

Mar. 31, 2027

Sep. 30, 2024

Jun. 30, 2024 USD ($)

Apr. 17, 2024 $ / shares

Apr. 17, 2024 ₪ / shares

Mar. 31, 2024

Jan. 16, 2024 ILS (₪) ₪ / shares shares

Dec. 31, 2023 EUR (€)

Dec. 31, 2023 USD ($)

[1]

Jun. 30, 2023 EUR (€)

Dec. 31, 2022 EUR (€)

General [Line Items]

Principal amount (in New Shekels) | €

€ 10,000

Price per share | (per share)

$ 0.946

₪ 1

Offering, net

40,000

₪ 165,000,000

Gross proceeds (in New Shekels) | ₪

81,600,000

Consideration amount

€ 10,600

₪ 42.6

Outstanding par value of Debentures (in New Shekels per share) | ₪ / shares

210

Principal payment inerest rate

3%

3%

2.50%

Increase in annual interest rate

0.25%

0.25%

0.25%

Decrease in annual interest rate

0.75%

0.75%

0.75%

Repayment provision adjustments

Adjusted Balance Sheet Equity, on a consolidated basis, plus the Series F Net Financial Debt (hereinafter - the “Series F CAP, Net”), to which we refer herein as the Series F Ratio of Net Financial Debt to Series F CAP, Net, shall not exceed the rate of 65% for three consecutive quarters for purposes of the immediate repayment provision and shall not exceed a rate of 60% for purposes of the update of the annual interest provision

Adjusted Balance Sheet Equity, on a consolidated basis, plus the Series F Net Financial Debt (hereinafter - the “Series F CAP, Net”), to which we refer herein as the Series F Ratio of Net Financial Debt to Series F CAP, Net, shall not exceed the rate of 65% for three consecutive quarters for purposes of the immediate repayment provision and shall not exceed a rate of 60% for purposes of the update of the annual interest provision

Adjusted Balance Sheet Equity, on a consolidated basis, plus the Series F Net Financial Debt (hereinafter - the “Series F CAP, Net”), to which we refer herein as the Series F Ratio of Net Financial Debt to Series F CAP, Net, shall not exceed the rate of 65% for three consecutive quarters for purposes of the immediate repayment provision and shall not exceed a rate of 60% for purposes of the update of the annual interest provision

Distributable profit percentage

60%

60%

60%

Equity (in Euro)

€ 127,477

$ 136,335

[1]

€ 125,099

$ 133,795

€ 118,840

€ 83,077

Percentage of equity on consolidated basis

58%

58%

Groen Gas Goor B.V. [Member]

General [Line Items]

Green gas production capacity per year (in Dollars) | $

$ 3,000

Groen Gas Oude-Tonge B.V. [Member]

General [Line Items]

Green gas production capacity per year (in Dollars) | $

3,800

Groen Gas Gelderland B.V. [Member]

General [Line Items]

Green gas production capacity per year (in Dollars) | $

$ 9,500

Talasol Solar Plant [Member]

General [Line Items]

Repayment provision adjustments

PPA executed in connection with the Talasol solar plant, and interest rates), on a consolidated basis, shall not be less than €77 million for two consecutive quarters for purposes of the immediate repayment provision and shall not be less than €82 for purposes of the update of the annual interest provision

PPA executed in connection with the Talasol solar plant, and interest rates), on a consolidated basis, shall not be less than €77 million for two consecutive quarters for purposes of the immediate repayment provision and shall not be less than €82 for purposes of the update of the annual interest provision

PPA executed in connection with the Talasol solar plant, and interest rates), on a consolidated basis, shall not be less than €77 million for two consecutive quarters for purposes of the immediate repayment provision and shall not be less than €82 for purposes of the update of the annual interest provision

Ordinary shares [Member]

General [Line Items]

Ordinary shares (in Shares) | shares

1,020,000

Price per share | ₪ / shares

₪ 80

Series F Debentures [Member]

General [Line Items]

Principal amount (in New Shekels) | ₪

₪ 170,000,000

Price per share | ₪ / shares

₪ 40,000,000

Consideration amount

€ 9,400

₪ 37,800,000

Principal payment inerest rate

5.50%

Equity (in Euro) | €

€ 94,000

Proposed Debentures [Member]

General [Line Items]

Principal payment inerest rate

15%

25%

30%

30%

5.50%

Talasol [Member]

General [Line Items]

Proportion of ownership interest

51%

51%

51%

Dorad Energy Ltd [Member]

General [Line Items]

Proportion of ownership interest

9.375%

9.375%

9.375%

Ellomay Pumped Storage [Member]

General [Line Items]

Proportion of ownership interest

83.333%

83.333%

83.333%

[1]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)

Restricted Cash and Deposits (D

Restricted Cash and Deposits (Details) - Schedule of Restricted Cash and Deposits - Restricted Cash, Deposits and Marketable Securities [Member] - EUR (€) € in Thousands		Jun. 30, 2024	Dec. 31, 2023
Schedule of Restricted Cash and Deposits [Line Items]
Short-term restricted cash		€ 729	€ 810
Short-term deposits		2,487	997
Restricted cash and bank deposits, long-term	[1]	€ 17,340	€ 17,386
[1]Deposits used to secure obligations towards the Israeli Electricity Authority for the license for the pumped-storage project in the Manara Cliff in Israel and to secure obligations under loan agreements.

Trade and Other Receivables (De

Trade and Other Receivables (Details) - Schedule of Current Assets - Trade and Other receivables € in Thousands, $ in Thousands	Jun. 30, 2024 EUR (€)	Jun. 30, 2024 USD ($)	[1]	Dec. 31, 2023 EUR (€)
Trade and other receivables:
Government authorities	€ 4,431			€ 4,851
Income receivable	3,357			1,013
Interest receivable	194			221
Advance tax payment	735			1,028
Trade receivable	706			205
Inventory	827			1,170
Loan to others				1,246
Prepaid expenses and other	3,290			1,983
Total Current Assets	13,540	$ 14,481		11,717
Long term receivables
Prepaid expenses associated with long term loans	10,480			9,265
Annual rent deposits	664			656
Loans to others	508			509
Other				16
Total Non Current Assets	€ 11,652			€ 10,446
[1]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)

Investee Companies and Other _3

Investee Companies and Other Investments (Details) $ in Thousands	1 Months Ended	6 Months Ended
	Nov. 30, 2010	Jun. 30, 2024 EUR (€)	Jun. 30, 2024 ILS (₪)	Jun. 30, 2023 USD ($)
Investee Companies and Other Investments [Line Items]
Aggregate amount		€ 42,000,000	₪ 170,000,000
Cost of development and construction		€ 63,000,000
Expenses percentage		32%
Loan		€ 10,000,000
Interest rate on loan		3%		2.50%
Net consideration paid		€ 10,600,000	42.6
Cash and cash equivalents		9,300,000
Impairment loss (in Dollars) | $				$ 2,565
Additional loss recognized		405
Talmei Yosef solar plant [Member]
Investee Companies and Other Investments [Line Items]
Cash and cash equivalents		1,300,000
DSRF [Member]
Investee Companies and Other Investments [Line Items]
Loan		500,000
Ellomay Luxembourg [Member]
Investee Companies and Other Investments [Line Items]
Loan		€ 9,700,000
DSRF [Member]
Investee Companies and Other Investments [Line Items]
Interest rate on loan		5.50%
Ellomay Luzon Energy [Member]
Investee Companies and Other Investments [Line Items]
Percentage of share capital holds	50%
Dorad Energy Ltd [Member]
Investee Companies and Other Investments [Line Items]
Percentage of share capital holds	18.75%
Dorad [Member]
Investee Companies and Other Investments [Line Items]
Indirect share of guarantees shareholders		€ 4,000,000	₪ 16,000,000

Investee Companies and Other _4

Investee Companies and Other Investments (Details) - Schedule of Assets and Liabilities Disposal Groups Classified as Held for Sale - Disposal groups classified as held for sale [member] € in Thousands	Dec. 31, 2023 EUR (€)
Schedule of Assets and Liabilities Disposal Groups Classified as Held for Sale [Line Items]
Cash and cash equivalents	€ 428
Short-term deposits	12
Receivable from concession project	23,426
Trade and other receivables	587
Right-of-use asset	1,204
Intangible asset	917
Restricted cash and deposits	1,694
Long term receivables	29
Total	28,297
Trade payables	39
Other payables	18
Lease liability	1,321
Long-term bank loans including current maturities	13,047
Deferred tax liabilities	2,717
Total Liabilities	€ 17,142

Investee Companies and Other _5

Investee Companies and Other Investments (Details) - Schedule of Results Attributable to Discontinued Operation - Discontinued Operations [Member] € in Thousands	5 Months Ended		6 Months Ended		12 Months Ended
	Jun. 03, 2024 EUR (€)	Jun. 03, 2024 $ / shares	Jun. 30, 2023 EUR (€)	Jun. 30, 2023 $ / shares	Dec. 31, 2023 EUR (€)	Dec. 31, 2023 $ / shares
Results of discontinued operation
Revenue	€ 278		€ 459		€ 675
Operating expenses	(142)		(183)		(342)
Depreciation and amortization expenses	(48)		(236)		(461)
Gross profit (loss) from operating activities	88		40		(128)
General and administrative expenses	(13)		(97)		(33)
Operating profit (loss) from operating activities	75		(57)		(161)
Financing income	934		833		1,792
Financing expenses	(530)		(766)		(1,269)
Financing income, net	404		67		523
Results from operating activities before taxes on income	479		10		362
Taxes on income	(129)		(13)		(247)
Results from operating activities, net of taxes on income	350		(3)		115
Loss on adjustment to fair value	(660)				(2,565)
Foreign currency translation differences for foreign operations that were recognized in profit or loss	255
Tax benefit on loss from sale of discontinued operation	134				663
Profit (loss) for the year	79		(3)		(1,787)
Earnings per share
Basic earnings (loss) per share (in Dollars per share) | $ / shares		$ 0.01		$ 0		$ (0.14)
Diluted earnings (loss) per share (in Dollars per share) | $ / shares		$ 0.01		$ 0		$ (0.14)
Cash flows from discontinued operation
Net cash from operating activities	1,211		1,211		2,587
Net cash used in investing activities	(264)		(462)		(462)
Net cash used in financing activities	(41)		(1,143)		(2,127)
Net cash from (used in) discontinued operation	€ 906		€ (394)		€ (2)

Financial Instruments (Details)

Financial Instruments (Details) - Schedule of Composition of Derivatives € in Thousands, $ in Thousands	Jun. 30, 2024 EUR (€)	Jun. 30, 2024 USD ($)	[1]	Dec. 31, 2023 EUR (€)
Derivatives presented under current assets
Derivatives presented under current assets	€ 1,096	$ 1,172		€ 275
Derivatives presented under non-current assets
Derivatives presented under non-current assets	13,971	14,942		10,948
Derivatives presented under current liabilities
Derivatives presented under current liabilities				(4,643)
Derivatives presented under non-current liabilities
Derivatives presented under non-current liabilities	(25)	$ (27)
Swap contracts [Member]
Derivatives presented under current assets
Derivatives presented under current assets	283			275
Derivatives presented under non-current assets
Derivatives presented under non-current assets	813			607
Derivatives presented under non-current liabilities
Derivatives presented under non-current liabilities	(25)
Forward [Member]
Derivatives presented under current assets
Derivatives presented under current assets	199
Financial power swap [Member]
Derivatives presented under current assets
Derivatives presented under current assets	614
Derivatives presented under non-current assets
Derivatives presented under non-current assets	13,158			10,341
Derivatives presented under current liabilities
Derivatives presented under current liabilities				€ (4,643)
[1]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)

Financial Instruments (Detail_2

Financial Instruments (Details) - Schedule of Fair Values of the Other Financial Assets and Liabilities - EUR (€) € in Thousands	6 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Carrying amount [Member]
Non-current liabilities:
Carrying amount, Debentures	€ 151,385	€ 140,087
Carrying amount, Loans from banks and others (including current maturities)	289,801	281,938
Carrying amount, Total	€ 441,186	422,025
Inputs used to determine fair value [Member]
Non-current liabilities:
Carrying amount, Inputs used to determine fair value	Market price
Inputs used to determine fair value, Loans from banks and others (including current maturities)	Discount rate of Euribor+ 2%-2.5% with a zero floor, fixed rate for several years 3.1%-6% Linkage to Euribor, 2.75%-4.78% Linkage to Consumer price index in Israel, Floating interest rate based on the Bank of Israel Rate plus a spread of 4.35%, fixed rate of 2.58%-5.5%, Euribor+ 5.27% and 7% Linkage to Consumer price index in Israel.
Valuation techniques for determining fair value [Member]
Non-current liabilities:
Valuation techniques for determining fair value, Loans from banks and others (including current maturities)	Discounting future cash flows by the market interest rate on the date of measurement.
Level 1 [Member]
Non-current liabilities:
Carrying amount, Debentures	€ 145,920	134,464
Carrying amount, Loans from banks and others (including current maturities)
Carrying amount, Total	145,920	134,464
Level 3 [Member]
Non-current liabilities:
Carrying amount, Debentures
Carrying amount, Loans from banks and others (including current maturities)
Carrying amount, Total
Level 2 [Member]
Non-current liabilities:
Carrying amount, Debentures
Carrying amount, Loans from banks and others (including current maturities)	234,237	231,057
Carrying amount, Total	€ 234,237	€ 231,057
Inputs used to determine fair value [Member]
Non-current liabilities:
Carrying amount, Inputs used to determine fair value		Market price
Inputs used to determine fair value, Loans from banks and others (including current maturities)		Discount rate of Euribor+ 2% with a zero floor, fixed rate for several years 3.1%-6% Linkage to Euribor, 2.58%-4.78% Linkage to Consumer price index in Israel, Floating interest rate based on the Bank of Israel Rate plus a spread of 4.35%, fixed rate of 2.58%-5.5%, Euribor+ 5.27% and 7% Linkage to Consumer price index in Israel.
Valuation techniques for determining fair value [Member]
Non-current liabilities:
Valuation techniques for determining fair value, Loans from banks and others (including current maturities)		Discounting future cash flows by the market interest rate on the date of measurement.

Financial Instruments (Detail_3

Financial Instruments (Details) - Schedule of Fair Value Hierarchy - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2023	Jun. 30, 2024
Swap Contracts [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value	€ 882	€ 1,071
Valuation techniques for determining fair value	Fair value is measured by discounting the future cash flows, over the period of the contract and using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks.
Swap Contracts [Member] | Level 1 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value
Swap Contracts [Member] | Level 2 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value	882	1,071
Swap Contracts [Member] | Level 3 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value
Forward contracts [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value		199
Valuation techniques for determining fair value	Fair value is measured on the basis of discounting the difference between the forward price in the contract and the current forward price for the residual period until redemption using market interest rates appropriate for similar instruments, including the adjustment required for the parties’ credit risks.
Forward contracts [Member] | Level 1 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value
Forward contracts [Member] | Level 2 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value		199
Forward contracts [Member] | Level 3 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value
Financial power swap [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value	€ 5,698	13,772
Valuation techniques for determining fair value	Fair value is measured by discounting the future fixed and assessed cash flows over the period of the contract and using market interest rates appropriate for similar instruments. The value is adjusted for the parties’ credit risks.
Financial power swap [Member] | Level 1 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value
Financial power swap [Member] | Level 2 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value
Financial power swap [Member] | Level 3 [Member]
Schedule of Fair Value Hierarchy [Abstract]
Fair values hierarchy value	€ 5,698	€ 13,772

Financial Instruments (Detail_4

Financial Instruments (Details) - Schedule of Reconciliation Financial Instruments Carried at Fair Value - Dori Energy Loan [Member] - Level 3 of fair value hierarchy [member] € in Thousands	6 Months Ended
	Jun. 30, 2024 EUR (€)
Schedule of Reconciliation Financial Instruments Carried at Fair Value [Line Items]
Financial liability, Balance beginning	€ 5,698
Total income recognized in profit or loss	(3,898)
Total income recognized in other comprehensive income	11,972
Financial liability, Balance ending	€ 13,772

Fixed Assets (Details)

Fixed Assets (Details) - EUR (€) € in Thousands	Jun. 30, 2024	Dec. 31, 2023	Dec. 31, 2022
Fixed Assets [Abstract]
Comparative amounts		€ 2,491	€ 2,412
Acquired fixed assets	€ 22,077

Fixed Assets (Details) - Schedu

Fixed Assets (Details) - Schedule of Fixed Assets - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
		Jun. 30, 2024	Dec. 31, 2023
Cost [Member]
Cost
Balance beginning		$ 462,727	$ 405,113
Additions		43,151	63,759
Transfer to disposal groups held for sale			(18)
Effect of changes in exchange rates		(65)	(6,127)
Balance ending		505,813	462,727
Cost [Member] | Solar plants [Member]
Cost
Balance beginning	[1]	288,207	268,474
Additions		37,080	19,841
Transfer to disposal groups held for sale
Effect of changes in exchange rates		266	(108)
Balance ending		325,553	288,207	[1]
Cost [Member] | Pumped storage [Member]
Cost
Balance beginning	[1]	136,139	100,059
Additions		5,460	42,099
Transfer to disposal groups held for sale
Effect of changes in exchange rates		(331)	(6,019)
Balance ending		141,268	136,139	[1]
Cost [Member] | Biogas installations [Member]
Cost
Balance beginning		38,147	36,355
Additions		593	1,792
Transfer to disposal groups held for sale
Effect of changes in exchange rates
Balance ending		38,740	38,147
Cost [Member] | Office furniture and equipment [Member]
Cost
Balance beginning		234	225
Additions		18	27
Transfer to disposal groups held for sale			(18)
Effect of changes in exchange rates
Balance ending		252	234
Depreciation [Member]
Cost
Balance beginning		54,745	39,357
Transfer to disposal groups held for sale			(18)
Effect of changes in exchange rates			1
Balance ending		62,662	54,745
Depreciation
Depreciation for the period		7,917	15,405
Depreciation [Member] | Solar plants [Member]
Cost
Balance beginning		42,266	29,530
Transfer to disposal groups held for sale
Effect of changes in exchange rates
Balance ending		48,753	42,266
Depreciation
Depreciation for the period		6,487	12,736
Depreciation [Member] | Pumped storage [Member]
Cost
Balance beginning
Transfer to disposal groups held for sale
Effect of changes in exchange rates
Balance ending
Depreciation
Depreciation for the period
Depreciation [Member] | Biogas installations [Member]
Cost
Balance beginning		12,296	9,652
Transfer to disposal groups held for sale
Effect of changes in exchange rates
Balance ending		13,725	12,296
Depreciation
Depreciation for the period		1,429	2,644
Depreciation [Member] | Office furniture and equipment [Member]
Cost
Balance beginning		183	175
Transfer to disposal groups held for sale			(18)
Effect of changes in exchange rates			1
Balance ending		184	183
Depreciation
Depreciation for the period		1	25
Carrying amounts [Member]
Cost
Balance beginning		407,982
Balance ending		443,151	407,982
Carrying amounts [Member] | Solar plants [Member]
Cost
Balance beginning		245,941
Balance ending		276,800	245,941
Carrying amounts [Member] | Pumped storage [Member]
Cost
Balance beginning		136,139
Balance ending		141,268	136,139
Carrying amounts [Member] | Biogas installations [Member]
Cost
Balance beginning		25,851
Balance ending		25,015	25,851
Carrying amounts [Member] | Office furniture and equipment [Member]
Cost
Balance beginning		51
Balance ending		$ 68	$ 51
[1]Comparative amounts were reclassified, which resulted in €2,491 thousand and €2,412 thousand being reclassified as of December 31, 2023, and as of December 31, 2022, respectively, from pumped storage to solar plants.

Operating Segments (Details)

Operating Segments (Details) - Talmei Yosef solar plant [Member] - EUR (€) € in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Operating Segments [Line Items]
Income from the sale of electricity	€ 1,264	€ 2,032	€ 3,844
Depreciation expenses	€ 757	€ 935	€ 1,818

Operating Segments (Details) -

Operating Segments (Details) - Schedule of Segment Adjusted Gross Profit - EUR (€) € in Thousands		6 Months Ended				12 Months Ended
		Jun. 30, 2024		Jun. 30, 2023		Dec. 31, 2023
Italy Solar [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		€ 529
Operating expenses
Depreciation expenses		(1)		(1)
Gross profit (loss)		528		(1)
Adjusted gross profit (loss)		528		(1)
Segment assets		50,898		36,183	[1]	43,071	[1]
Spain Solar [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		1,423		1,463		2,791
Operating expenses		(273)		(264)		(517)
Depreciation expenses		(460)		(458)		(912)
Gross profit (loss)		690		741		1,362
Adjusted gross profit (loss)		690		741		1,362
Segment assets		12,828		13,805	[1]	12,807	[1]
Ellomay Solar Spain [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		513		2,080		4,051
Operating expenses		(337)		(882)		(1,825)
Depreciation expenses		(587)		(469)		(946)
Gross profit (loss)		(411)		729		1,280
Adjusted gross profit (loss)		(411)		729		1,280
Segment assets		19,345		20,675	[1]	19,691	[1]
Talasol Solar Spain [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		8,973		12,666		24,971
Operating expenses		(2,252)		(3,125)		(5,786)
Depreciation expenses		(5,741)		(5,684)		(11,459)
Gross profit (loss)		980		3,857		7,726
Adjusted gross profit (loss)		980		3,857		7,726
Segment assets		224,778		230,428	[1]	231,142	[1]
USA Solar [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues
Operating expenses
Depreciation expenses
Gross profit (loss)
Adjusted gross profit (loss)
Segment assets		38,794		1,091	[1]	6,612	[1]
Bio Gas Netherland [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		8,018		8,790		17,021
Operating expenses		(6,661)		(7,574)		(14,733)
Depreciation expenses		(1,442)		(1,204)		(2,670)
Gross profit (loss)		(85)		12		(382)
Adjusted gross profit (loss)		(85)		12		(382)
Segment assets		31,411		31,910	[1]	31,164	[1]
Dorad srael [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		29,803		30,305		63,973
Operating expenses		(22,088)		(22,588)		(47,322)
Depreciation expenses		(2,716)		(2,871)		(5,689)
Gross profit (loss)		4,999		4,846		10,962
Adjusted gross profit (loss)		4,999		4,846		10,962
Segment assets		98,481		99,033	[1]	97,339	[1]
Manara Israel [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues
Operating expenses
Depreciation expenses
Gross profit (loss)
Adjusted gross profit (loss)
Segment assets		176,865		157,457	[1]	172,096	[1]
Solar Israel [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues	[2]	278		459		675
Operating expenses	[2]	(142)		(183)		(342)
Depreciation expenses	[2]	(48)		(236)		(461)
Gross profit (loss)	[2]	88		40		(128)
Adjusted gross profit (loss)	[2]	317	[3]	678	[4]	1,223	[5]
Segment assets	[2]			31,635	[1]	28,297	[1]
Reportable Segments [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		49,537		55,763		113,482
Operating expenses		(31,753)		(34,616)		(70,525)
Depreciation expenses		(10,995)		(10,923)		(22,137)
Gross profit (loss)		6,789		10,224		20,820
Adjusted gross profit (loss)		7,018		10,862		22,171
Segment assets		653,400		622,217	[1]	642,219	[1]
Reconciliations [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		(30,081)		(30,764)		(64,648)
Operating expenses		22,230		22,771		47,664
Depreciation expenses		2,764		3,097		6,125
Gross profit (loss)		(5,087)		(4,896)		(10,859)
Adjusted gross profit (loss)		(5,316)		(5,534)		(12,210)
Segment assets		(18,618)		(17,614)	[1]	(29,367)	[1]
Consolidated [Member]
Schedule of Segment Adjusted Gross Profit [Line Items]
Revenues		19,456		24,999		48,834
Operating expenses		(9,523)		(11,845)		(22,861)
Depreciation expenses		(8,231)		(7,826)		(16,012)
Gross profit (loss)		1,702		5,328		9,961
Adjusted gross profit (loss)		1,702		5,328		9,961
Project development costs		(2,281)		(2,192)		(4,465)
General and administrative expenses		(3,034)		(2,816)		(5,283)
Share of profits of equity accounted investee		1,809		1,541		4,320
Operating profit (loss)		(1,804)		1,861		4,533
Financing income		2,424		8,188		8,747
with derivatives and warrants, net		2,852		(476)		251
Financing expenses		(7,886)		(6,699)		(12,555)
Profit (loss) before taxes on Income		(4,414)		3,350		976
Segment assets		€ 634,782		€ 604,603	[1]	€ 612,852	[1]
[1]Reclassified[2]The results of the Talmei Yosef solar plant are presented as a discontinued operation.[3]The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €1,264 thousand) and depreciation expenses (approximately €757 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12.[4]The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €2,032 thousand) and depreciation expenses (approximately €935 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12.[5]The gross profit of the Talmei Yosef solar plant located in Israel is adjusted to include income from the sale of electricity (approximately €3,844 thousand) and depreciation expenses (approximately €1,818 thousand) under the fixed asset model, which were not recognized as revenues and depreciation expenses, respectively, under the financial asset model as per IFRIC 12.

Leases (Details)

Leases (Details) € in Thousands	6 Months Ended
	Jun. 30, 2024 EUR (€)
Leases [Line Items]
Payment of lease liabilities	€ 11
Lease liability	€ 26,376
Ellomay Solar photovoltaic [Member]
Leases [Line Items]
Operating Lease Agreement Term	31 years
Lease liability	€ 1,106
Ellomay Solar Italy [Member]
Leases [Line Items]
Payment of lease liabilities	73
Capitalized rent	89
Lease liability	€ 1,121

Leases (Details) - Schedule of

Leases (Details) - Schedule of Right-of-use Assets - Right-of-use assets [member] € in Thousands	6 Months Ended
	Jun. 30, 2024 EUR (€)
Cost
Balance as beginning	€ 30,967
Additions	2,315
Depreciation for the period	(741)
Effect of changes in exchange rates	53
Balance as ending	32,594
Bio Gas [Member]
Cost
Balance as beginning	20
Additions
Depreciation for the period	(13)
Effect of changes in exchange rates
Balance as ending	7
Italy [Member]
Cost
Balance as beginning	9,526
Additions	1,865
Depreciation for the period	(179)
Effect of changes in exchange rates
Balance as ending	11,212
Spain [Member]
Cost
Balance as beginning	977
Additions	69
Depreciation for the period	(45)
Effect of changes in exchange rates
Balance as ending	1,001
Talasol [Member]
Cost
Balance as beginning	1,350
Additions	83
Depreciation for the period	(22)
Effect of changes in exchange rates
Balance as ending	1,411
Pumped storage [Member]
Cost
Balance as beginning	7,595
Additions	213
Depreciation for the period	(234)
Effect of changes in exchange rates
Balance as ending	7,574
USA [Member]
Cost
Balance as beginning	9,425
Additions	61
Depreciation for the period	(215)
Effect of changes in exchange rates	(19)
Balance as ending	9,252
Talmei Yosef [Member]
Cost
Balance as beginning	2,074
Additions	24
Depreciation for the period	(33)
Effect of changes in exchange rates	72
Balance as ending	€ 2,137

Leases (Details) - Schedule o_2

Leases (Details) - Schedule of Maturity Analysis of Company's Lease Liabilities € in Thousands, $ in Thousands	Jun. 30, 2024 EUR (€)	Jun. 30, 2024 USD ($)	[1]	Dec. 31, 2023 EUR (€)
Schedule of Maturity Analysis of Company's Lease Liabilities [Line Items]
Lease liabilities	€ 26,376
Current maturities of lease liabilities	757	$ 810		€ 700
Long-term lease liabilities	25,619	$ 27,399		€ 23,680
Less than one year [Member]
Schedule of Maturity Analysis of Company's Lease Liabilities [Line Items]
Lease liabilities	757
One to five years [Member]
Schedule of Maturity Analysis of Company's Lease Liabilities [Line Items]
Lease liabilities	3,267
More than five years [Member]
Schedule of Maturity Analysis of Company's Lease Liabilities [Line Items]
Lease liabilities	€ 22,352
[1]Convenience translation into US$ (exchange rate as at June 30, 2024: EUR 1 = US$ 1.069)

Subsequent Events (Details)

Subsequent Events (Details) ₪ / shares in Units, $ / shares in Units, € in Millions		6 Months Ended
	Aug. 31, 2024 ILS (₪) ₪ / shares	Jun. 30, 2024 USD ($)	Aug. 31, 2024 EUR (€)	Aug. 31, 2024 USD ($)	Aug. 31, 2024 ILS (₪) ₪ / shares	Apr. 17, 2024 $ / shares	Apr. 17, 2024 ₪ / shares	Jun. 30, 2023
Subsequent Events [Line Items]
Par value per share (in New Shekels per share) | (per share)						$ 0.946	₪ 1
Bearing an interest rate		3%						2.50%
Sale of investment tax credit (in Dollars) | $		$ 19
Percentage of portfolio costs		32%
Percentage of operating profits		100%
Series F Debentures [Member]
Subsequent Events [Line Items]
Par value per share (in New Shekels per share) | ₪ / shares					₪ 52,029,136
Debentures price (in New Shekels per share) | ₪ / shares	₪ 0.961
Aggregate amount			€ 12		₪ 1,000,000
Aggregate gross consideration (in New Shekels) | ₪	₪ 50
Series F Debentures [Member] | Series F Debentures [Member]
Subsequent Events [Line Items]
Debentures amount (in New Shekels) | ₪					₪ 262,029,136
Israel Discount Bank of New York [Member]
Subsequent Events [Line Items]
Line of credit (in Dollars) | $				$ 10,000,000
Line of credit term	1 year
Bearing an interest rate			7.75%	7.75%	7.75%
Israel Discount Bank of New York [Member] | Minimum [Member]
Subsequent Events [Line Items]
Bearing an interest rate			0.75%	0.75%	0.75%
Israel Discount Bank of New York [Member] | Maximum [Member]
Subsequent Events [Line Items]
Bearing an interest rate			5%	5%	5%