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Altea Green Power S.p.A. ( (IT:AGP) ) has shared an announcement.
Altea Green Power has confirmed that the results of the first MACSE auction will not affect its 2024-2028 Industrial Plan, which remains intact. The company has taken proactive measures to ensure economic sustainability despite potential challenges, with a significant portion of its projects located in Northern Italy, not subject to auction procedures. This strategic positioning and diversification are expected to maintain investor confidence and support the company’s growth trajectory in the evolving BESS market.
The most recent analyst rating on (IT:AGP) stock is a Buy with a EUR11.90 price target. To see the full list of analyst forecasts on Altea Green Power S.p.A. stock, see the IT:AGP Stock Forecast page.
More about Altea Green Power S.p.A.
Altea Green Power is a company listed on the Italian Stock Exchange’s STAR segment, founded in 2008 in Rivoli. It specializes in providing and managing renewable energy plants, including photovoltaic, wind, and storage solutions, ensuring maximum efficiency and environmental respect. As an Independent Power Producer from renewable sources and a provider of EPC services, Altea Green Power aims to be a key partner in energy efficiency, supporting clients in reducing energy consumption and climate impact.
Average Trading Volume: 69,012
Technical Sentiment Signal: Sell
Current Market Cap: €120.7M
Find detailed analytics on AGP stock on TipRanks’ Stock Analysis page.