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Amper SA Expands Manufacturing with Major Energy Contract

Amper SA Expands Manufacturing with Major Energy Contract

Amper SA (ES:AMP) has released an update.

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Amper SA, through its subsidiary Elinsa, has secured a substantial contract with eks Energy to manufacture power electronics equipment for energy storage, potentially valued at up to 340 million euros. This deal will double Elinsa’s manufacturing capacity to 4 GW annually and involves building a new factory in Arteixo, Spain, to enhance production efficiency. Investors might find this expansion promising as it positions Amper to capture significant growth in the energy storage sector.

For further insights into ES:AMP stock, check out TipRanks’ Stock Analysis page.

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