Exhibit 99.3

Summary of the Financial Statements of Ellomay Luzon Energy Infrastructures Ltd. for June 30, 2024¹

ELLOMAY LUZON ENERGY INFRASTRUCTURES LTD.

Condensed Statements of Financial Position

	As at June 30				As at December 31
	2024		2023		2023
	Unaudited				Audited
	NIS in thousands
Assets
Current assets:
Cash and cash equivalents		42		54		80
Trade, other receivables and related parties		474		290		1,160
		516		344		1,240
Non-current assets:
Investment in equity accounted investee		269,299		252,759		251,669
		269,815		253,103		252,909
Liabilities and Equity
Current liabilities:
Trade, related parties and other payables		1,898		205		1,380
Loans from shareholders		-		21,808		-
		1,898		22,013		1,380
Equity:
Share capital		*		*		*
Share premium		105,116		105,116		105,116
Capital notes		46,933		46,933		46,933
Accumulated profit		115,868		79,041		99,480
		267,917		231,090		251,529
		269,815		253,103		252,909

* Represents an amount less than NIS 1 thousand

¹ Summary of Hebrew version, the original language was published by Ellomay Capital Ltd. in Israel and is available upon request.

ELLOMAY LUZON ENERGY INFRASTRUCTURES LTD.

Condensed Statements of Comprehensive Income

	Six Months ended June 30						Three Months ended June 30						Year ended December 31
	2024			2023			2024			2023			2023
	Unaudited						Unaudited						Audited
	NIS in thousands
General and administrative expenses		(967	)		(126	)		(412	)		(24	)		(983	)
Operating loss		(967	)		(126	)		(412	)		(24	)		(983	)
Financing expenses		(275	)		(1,594	)		(128	)		(828	)		(2,458	)
Share of profits of equity accounted investee		17,630			13,612			5,535			3,702			38,772
Net profit for the period		16,388			11,892			4,995			2,850			35,331
Total comprehensive income for the period		16,388			11,892			4,995			2,850			35,331

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ELLOMAY LUZON ENERGY INFRASTRUCTURES LTD.

Condensed Statements of Changes in Equity

	Share Capital		Capital notes		Share Premium		Accumulated profit			Total Equity
	NIS in thousands
Balance as at January 1, 2024 (audited)		*		46,933		105,116		99,480			251,529
Transaction during the six-month period ended June 30, 2024 (unaudited) –
Total comprehensive profit for the period		-		-		-		16,388			16,388
Balance as at June 30, 2024 (unaudited)		*		46,933		105,116		115,868			267,917
Balance as at January 1, 2023 (audited)		*		46,933		105,116		67,149			219,198
Transaction during the six-month period ended June 30, 2023 (unaudited) –
Total comprehensive profit for the period		-		-		-		11,892			11,892
Balance as at June 30, 2023 (unaudited)		*		46,933		105,116		79,041			231,090
Balance as at April 1, 2024 (unaudited)		*		46,933		105,116		110,873			262,922
Transaction during the three-month period ended June 30, 2024 (unaudited) –
Total comprehensive profit for the period		-		-		-		4,995			4,995
Balance as at June 30, 2024 (unaudited)		*		46,933		105,116		115,868			267,917
Balance as at April 1, 2023 (unaudited)		*		46,933		105,116		76,191			228,240
Transaction during the three-month period ended June 30, 2023 (unaudited) –
Total comprehensive profit for the period		-		-		-		2,850			2,850
Balance as at June 30, 2023 (unaudited)		*		46,933		105,116		79,041			231,090
Balance as at December 31, 2022 (audited)		*		46,933		105,116		67,149			219,198
Transaction during the year ended December 31, 2023 (audited) –
Dividend		-		-		-		(3,000	)		(3,000	)
Total comprehensive profit for the year		-		-		-		35,331			35,331
Balance as at December 31, 2023 (audited)		*		46,933		105,116		99,480			251,529

* Represents an amount less than NIS 1 thousand

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ELLOMAY LUZON ENERGY INFRASTRUCTURES LTD.

Condensed Statements of Cash Flows

	Six months ended June 30						Three months ended June 30						Year ended December 31
	2024			2023			2024			2023			2023
	Unaudited						Unaudited						Audited
	NIS in thousands
Cash flows from operating activities -
Net profit		16,388			11,892			4,995			2,850			35,331
Adjustments needed to present cash flows from the Company’s operating activities:
Adjustments to the Company’s profit and loss items:
Financing expenses		275			1,594			128			828			2,458
Company’s share of profits of equity accounted investee		(17,630	)		(13,612	)		(5,535	)		(3,702	)		(38,772	)
		(17,355	)		(12,018	)		(5,407	)		(2,874	)		(36,314	)
Changes in the assets and liabilities of the Company:
Decrease (increase) in trade, related parties and other receivables		411			(433	)		(48	)		24			(1,542	)
Increase (decrease) in trade, related parties and other payables		518			(14	)		389			(1	)		1,161
		929			(447	)		341			23			(381	)
Cash paid during the period for:
Interest paid		-			-			-			-			(12,664	)
Net cash used for operating activities		(38	)		(573	)		(71	)		(1	)		(14,028	)
Cash flows from investing activities -
Dividend from equity accounted investee		-			-			-			-			26,250
Net cash provided by investing activities		-			-			-			-			26,250
Cash flows from financing activities -
Repayment of loans to shareholders		-			-			-			-			(10,292	)
Dividend paid		-			-			-			-			(3,000	)
Receipt of loans from shareholders		-			473			-			33			996
Net cash provided by (used in) financing activities		-			473			-			33			(12,296	)
Increase (decrease) in cash and cash equivalents		(38	)		(100	)		(71	)		32			(74	)
Cash and cash equivalents at the beginning of the period		80			154			113			22			154
Cash and cash equivalents at the end of the period		42			54			42			54			80

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