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Altea Green Power Secures €10 Million Bond Loan to Boost Renewable Energy Initiatives

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Altea Green Power Secures €10 Million Bond Loan to Boost Renewable Energy Initiatives

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

Altea Green Power has successfully placed a €10 million non-convertible bond loan, guaranteed 50% by SACE S.p.A., with BPER Banca S.p.A. as the first subscriber and Cassa Depositi e Prestiti as a co-investor. This strategic financial move is expected to strengthen Altea Green Power’s position in the renewable energy sector, enhancing its ability to support energy transition initiatives and meet the growing demand for sustainable energy solutions.

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 Borsa Italiana’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. The company is an Independent Power Producer from renewable sources and offers EPC services, positioning itself as a key partner in energy efficiency and supporting clients in reducing energy consumption and climate impact.

Average Trading Volume: 77,114

Technical Sentiment Signal: Buy

Current Market Cap: €142.8M

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

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