Ellomay Capital Faces Shareholder Lawsuit Over Dorad 2 Project
Reuters
Dec 16, 2025
Ellomay Capital Faces Shareholder Lawsuit Over Dorad 2 Project
Ellomay Capital Ltd. has provided an update regarding a legal proceeding connected to the Dorad 2 project. In September 2024, Edelcom Ltd., which holds an 18.75% stake in Dorad Energy Ltd., filed a claim with the Israeli District Court of Tel Aviv against Dorad and its other shareholders, including Ellomay Luzon Energy Infrastructures Ltd., a company half-owned by Ellomay Capital. The claim sought several declaratory judgments and a permanent injunction to require unanimous shareholder approval for any actions relating to the expansion of the Dorad power plant or the construction of a new plant, including Dorad 2. On December 15, 2025, Edelcom requested the dismissal of the claim following a preliminary hearing, while reserving its rights to pursue the matter in the future.
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