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Altea Green Power Secures €10 Million Bond Loan to Boost Photovoltaic Projects

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Altea Green Power Secures €10 Million Bond Loan to Boost Photovoltaic Projects

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The latest update is out from Altea Green Power S.p.A. ( (IT:AGP) ).

Altea Green Power has secured a €10 million non-convertible bond loan, half guaranteed by SACE S.p.A., to accelerate its photovoltaic projects. This financial move, supported by BPER Banca and Cassa Depositi e Prestiti, reflects market confidence in Altea’s business model and strategic vision, enhancing its position as an independent energy producer and supporting its 2024-2028 Business Plan.

The most recent analyst rating on (IT:AGP) stock is a Buy with a EUR11.40 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, helping clients reduce energy consumption and climate impact.

Average Trading Volume: 82,961

Technical Sentiment Signal: Buy

Current Market Cap: €139.1M

Find detailed analytics on AGP stock on TipRanks’ Stock Analysis page.

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