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Econergy ( (IL:ECNR) ) has issued an update.
Econergy Renewable Energy Ltd has announced a framework agreement with Phoenix Group for an additional investment of 75 million euros, with an option to increase to 225 million euros. This expansion of cooperation aims to enhance Econergy’s capacity to undertake renewable energy projects, contingent upon the successful placement and acquisition of necessary permits, potentially strengthening its position in the renewable energy market.
More about Econergy
Econergy Renewable Energy Ltd is a company operating in the renewable energy industry, focusing on the development and investment in sustainable energy projects.
YTD Price Performance: -0.96%
Average Trading Volume: 14,048
Current Market Cap: ILS1.22B
Find detailed analytics on ECNR stock on TipRanks’ Stock Analysis page.