Exhibit 8

ELLOMAY CAPITAL LTD.

List of Subsidiaries as of December 31, 2015

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
Soleco S.r.l	100%1	Italy
Technoenergy S.r.l	100%1	Italy
Ellomay Spain S.L.	100%1	Spain
Rodríguez I Parque Solar, S.L	100%1	Spain
Rodríguez II Parque Solar, S.L.	100%1	Spain
Seguisolar S.L.	100%1	Spain
Ellomay Water Plants Holdings (2014) Ltd.	100%	Israel
Ellomay Manara (2014) Ltd.	100%2	Israel
Ellomay Pumped Storage (2014) Ltd.	75%2	Israel

___________________________

1. Held by Ellomay Luxemburg Holdings S.àr.l.

2. Held by Ellomay Water Plants Holdings (2014) Ltd.