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ESPE SpA ( (IT:ESPE) ) has issued an announcement.
ESPE S.p.A. has acquired a 30% stake in Soland S.r.l., enhancing its strategic growth in the renewable energy sector. This acquisition strengthens ESPE’s supply chain, expands its presence in Northwestern Italy, and enriches its service offerings with Soland’s expertise in energy efficiency and electric mobility. The move is part of ESPE’s broader growth strategy following its IPO, aiming to optimize operations and increase competitiveness with high-performance ‘turnkey’ solutions.
More about ESPE SpA
ESPE S.p.A. is an EPC contractor in the renewable energy sector, focusing on photovoltaic systems, mini-wind turbines, and biomass cogenerators. The company is known for its brand technology and aims to expand its integrated energy solutions, primarily in the Italian market.
YTD Price Performance: 5.77%
Average Trading Volume: 5,855
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €33.39M
Find detailed analytics on ESPE stock on TipRanks’ Stock Analysis page.