Exhibit 4.21
Summary of Surface Rights Agreements – Italian Subsidiaries
English summary of the Italian version1
Ellomay Solar Italy One SRL
| 1. Execution date | 25 May 2022. |
| 2. Location and Size | The land is located on a plot with a size of 268,000 m2 in the Municipality of Latina, Province of Latina (LT), Lazio Region. |
| 3. Term | Thirty one (31) years (until November 2052). |
| 4. Annual Rent | €67,000, not including VAT and linked to the consumer price index in Italy. |
Ellomay Solar Italy Two SRL
| 1. Execution date | 25 May 2022. |
| 2. Location and Size | The Plant is located on a plot with a size of 96,000 m2 in the Municipality of Latina, Province of Latina (LT), Lazio Region. |
| 3. Term | Thirty one (31) years (until November 2053). |
| 4. Annual Rent | €24,000, not including VAT and linked to the consumer price index in Italy. |
Ellomay Solar Italy Four SRL
| 1. Execution date | 1 July, 2022. |
| 2. Location and Size | The Plant is located on a plot with a size of 20.30 hectares in the Municipality of Velletri, Metropolitan City of Rome (RM), Lazio Region. |
| 3. Term | Thirty one (31) years (until March 2053). |
| 4. Rent | Capitalized rent in the aggregate amount of €413,000, not including VAT, as an advance payment for the entire rental period and a regular annual rent of €36,000, not including VAT and linked to the consumer price index in Italy. |
| 1 | The original language version is on file with the Registrant and is available upon request. |
Ellomay Solar Italy Five SRL
| 1. Execution date | 11 July, 2022. |
| 2. Location and Size | The Plant is located on a plot with a total size of 987,856 m2 in the Municipality of Latina, Province of Latina (LT), Lazio Region. |
| 3. Term | Thirty one (31) years (until July 2053). |
| 4. Rent | Capitalized rent in the aggregate amount of €916,000, not including VAT, as an advance payment for the entire rental period and a regular annual rent of €300,000, not including VAT and linked to the consumer price index in Italy. |
Ellomay Solar Italy Seven SRL
| 1. Execution date | 31 March, 2023. |
| 2. Location and Size | The Plant is located on a plot with a size of 602,600 m2 in the Municipality of Masserano, Biella, Piemonte Region. |
| 3. Term | Thirty one (31) years (until March 2054). |
| 4. Rent | €181,760, not including VAT and linked to the consumer price index in Italy. |
Ellomay Solar Italy Nine SRL
| 1. Execution date | 1 May, 2023. |
| 2. Location and Size | The Plant is located on a plot with a size of 106,643 m2 in the Municipality of Ancona, Jesi, Marche Region. |
| 3. Term | Thirty one (31) years (until May 2054). |
| 4. Rent | Capitalized rent in the aggregate amount of €397,300, not including VAT, as an advance payment for the entire rental period and a regular annual rent of €25,630, not including VAT and linked to the consumer price index in Italy. |
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Ellomay Solar Italy Ten SRL
| 1. Execution date | 22 December, 2022. |
| 2. Location and Size | The Plant is located on a plot with a size of 285,500 m2 in the Municipality of Capena, Metropolitan City of Rome (RM), Lazio Region. |
| 3. Term | Thirty one (31) years (until December 2053). |
| 4. Annual Rent | €85,470, not including VAT and indexed at 75% to the consumer price index in Italy. |
Ellomay Solar Italy Fourteen SRL
| 1. Execution date | 1 October, 2024. |
| 2. Location and Size | The Plant is located on a plot with a size of 276,815 m² in the Municipality of Favria, Province of Turin (TO), Piedmont Region. |
| 3. Term | Forty one (41) years (until September 2065). |
| 4. Annual Rent | The lease payment of €2,183,000 has been made in advance for a duration of 41 years. |
Ellomay Solar Italy Fifteen SRL
| 1. Execution date | 28 March, 2024. |
| 2. Location and Size | The Plant is located on a plot with a size of 170,944 m² in the Municipality of Verolengo, Province of Turin (TO), Piedmont Region. |
| 3. Term | Thirty one (31) years (until July 2055). |
| 4. Annual Rent | €72,681, not including VAT and linked to the consumer price index in Italy. |
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