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Consolidated Statements of Cash Flows
€ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2020
EUR (€)
Dec. 31, 2019
EUR (€)
Dec. 31, 2018
EUR (€)
Cash flows from operating activities        
Profit (loss) for the year | €   € (6,168) € 9,784 € 604
Adjustments for:        
Financing expenses, net | €   3,634 8,153 2,091
Capital gain | €   (18,770)
Depreciation and amortization | €   2,975 6,416 5,816
Share-based payment transactions | €   50 8 5
Share of profits of equity accounted investees | €   (1,525) (3,086) (2,545)
Payment of interest on loan from an equity accounted investee | €   582 370 3,036
Change in trade receivables and other receivables | €   (3,868) 403 (17)
Change in other assets | €   179 (1,950) 37
Change in receivables from concessions project | €   1,426 1,329 1,431
Change in accrued severance pay, net | €   9 15
Change in trade payables | €   190 461 633
Change in other payables | €   (1,226) 5,336 (1,565)
Taxes on income (tax benefit) | €   (125) (287) 215
Income taxes paid | €   (119) (100) (77)
Interest received | €   2,075 1,719 1,835
Interest paid | €   (3,906) (6,083) (4,924)
Total adjustment to reconcile profit and loss | €   342 (6,072) 5,986
Net cash provided by (used in) operating activities | €   (5,826) 3,712 6,590
Cash flows from investing activities:        
Acquisition of fixed assets | €   (128,420) (74,587) (3,708)
Acquisition of subsidiary, net of cash acquired (see Note 6C and Note 6D) | €   (7,464) (1,000) (1,000)
Compensation as per agreement with Erez Electricity Ltd. | €   1,418
Repayment of loan from an equity accounted investee | €   1,978 1,540
Loan to an equity accounted investee | €   (181)
Proceeds from sale of investments | €   34,586
Advances on account of investments | €   (1,554)
Proceeds from marketable securities | €   1,800 3,316
Acquisition of marketable securities | €   (1,481)
Proceeds from settlement of derivatives, net | €   532 664
Proceed (investment) in restricted cash, net | €   23,092 (26,003) (3,107)
Investment in short term deposit | €   (1,323) (6,302)
Repayment (grant) Loan to others | €   3,912 (3,500)
Net cash used in investing activities | €   (112,135) (68,862) (5,795)
Cash flows from financing activities:        
Issuance of warrants | €   2,544
Repayment of long-term loans and finance lease obligations | €   (3,959) (5,844) (17,819)
Repayment of Debentures | €   (26,923) (9,836) (4,668)
Cost associated with long term loans | €   (734) (12,218)
Proceeds from options | €   20 19
Sale of shares in subsidiaries to non-controlling interests | €   13,936
Acquisition of shares in subsidiaries from non-controlling interests | €   (2,961)
Issuance of ordinary shares | €   21,275 7,807
Proceeds from long term loans, net | €   111,357 59,298 34,745
Proceeds from issuance of Debentures, net | €   38,057 22,317
Net cash provided by financing activities | €   141,637 72,518 12,258
Effect of exchange rate fluctuations on cash and cash equivalents | €   (1,340) 259 (133)
Increase in cash and cash equivalents | €   22,336 7,627 12,920
Cash and cash equivalents at the beginning of year | €   44,509 36,882 23,962
Cash and cash equivalents at the end of the year | €   € 66,845 € 44,509 € 36,882
USD [Member]        
Cash flows from operating activities        
Profit (loss) for the year | $ $ (7,568)      
Adjustments for:        
Financing expenses, net | $ 4,458      
Capital gain | $      
Depreciation and amortization | $ 3,650      
Share-based payment transactions | $ 61      
Share of profits of equity accounted investees | $ (1,871)      
Payment of interest on loan from an equity accounted investee | $ 714      
Change in trade receivables and other receivables | $ (4,745)      
Change in other assets | $ 220      
Change in receivables from concessions project | $ 1,749      
Change in accrued severance pay, net | $      
Change in trade payables | $ 233      
Change in other payables | $ (1,504)      
Taxes on income (tax benefit) | $ (153)      
Income taxes paid | $ (146)      
Interest received | $ 2,546      
Interest paid | $ (4,792)      
Total adjustment to reconcile profit and loss | $ 420      
Net cash provided by (used in) operating activities | $ (7,148)      
Cash flows from investing activities:        
Acquisition of fixed assets | $ (157,543)      
Acquisition of subsidiary, net of cash acquired (see Note 6C and Note 6D) | $ (9,157)      
Compensation as per agreement with Erez Electricity Ltd. | $ 1,740      
Repayment of loan from an equity accounted investee | $ 2,427      
Loan to an equity accounted investee | $ (222)      
Proceeds from sale of investments | $      
Advances on account of investments | $ (1,906)      
Proceeds from marketable securities | $ 2,208      
Acquisition of marketable securities | $ (1,817)      
Proceeds from settlement of derivatives, net | $      
Proceed (investment) in restricted cash, net | $ 28,329      
Investment in short term deposit | $ (1,623)      
Repayment (grant) Loan to others | $      
Net cash used in investing activities | $ (137,564)      
Cash flows from financing activities:        
Issuance of warrants | $ 3,121      
Repayment of long-term loans and finance lease obligations | $ (4,857)      
Repayment of Debentures | $ (33,029)      
Cost associated with long term loans | $ (900)      
Proceeds from options | $ 25      
Sale of shares in subsidiaries to non-controlling interests | $      
Acquisition of shares in subsidiaries from non-controlling interests | $      
Issuance of ordinary shares | $ 26,100      
Proceeds from long term loans, net | $ 136,611      
Proceeds from issuance of Debentures, net | $ 46,688      
Net cash provided by financing activities | $ 173,759      
Effect of exchange rate fluctuations on cash and cash equivalents | $ (1,646)      
Increase in cash and cash equivalents | $ 27,401      
Cash and cash equivalents at the beginning of year | $ 54,603      
Cash and cash equivalents at the end of the year | $ $ 82,004