Exhibit 8
 
ELLOMAY CAPITAL LTD.
 
List of Subsidiaries as of December 31, 2012
 
Name of Subsidiary
 
Percentage of Ownership
 
Jurisdiction of Incorporation
Ellomay Clean Energy Ltd.
    100 %
Israel
Ellomay Clean Energy LP
    100 %
Israel
Ellomay Luxemburg Holdings S.àr.l.
    100 %
Luxemburg
Ellomay PV One S.r.l.
    100 %1
Italy
Ellomay PV Two S.r.l.
    100 %1
Italy
Ellomay PV Five S.r.l.
    100 %1
Italy
Ellomay PV Six S.r.l.
    100 %1
Italy
Ellomay PV Seven S.r.l. (formerly Energy Resources Galatina S.r.l.)
    100 %1
Italy
Pedale S.r.l.
    100 %1
Italy
Luma Solar S.r.l.
    100 %1
Italy
Murgia Solar S.r.l.
    100 %1
Italy
Ellomay Spain S.L.2 
    85 %1
Spain
___________________________
 
 
1.
Held by Ellomay Luxemburg Holdings S.àr.l.
 
 
2.
Ellomay Spain owns 21 Spanish companies, each holding a 90 kW solar installation portion of the Riconada II, the first named Energía Solar Fotovoltaica Parque 15, S.L. and the others bear a similar name with references to different numbers (16-34 and 69).