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An announcement from ESPE SpA ( (IT:ESPE) ) is now available.
ESPE S.p.A. has entered into a joint venture with Esco Agroenergetica to form HelioGea Energy, aimed at developing small-scale agrivoltaic plants for agricultural companies with limited land. This collaboration seeks to integrate expertise from both companies to offer turnkey agrivoltaic solutions, enhancing energy sustainability and economic benefits for agricultural enterprises. The initiative positions HelioGea Energy as a specialized operator in the agrivoltaic sector, expanding ESPE’s market presence and fostering the coexistence of agriculture and renewable energy.
The most recent analyst rating on (IT:ESPE) stock is a Buy with a EUR7.50 price target. To see the full list of analyst forecasts on ESPE SpA stock, see the IT:ESPE Stock Forecast page.
More about ESPE SpA
ESPE S.p.A. operates in the renewable energy sector, focusing on the supply of photovoltaic systems and the construction of turbines for small wind and biomass cogenerators. The company is known for its ‘ESPE’ brand technology and leads the ESPE Group.
Average Trading Volume: 21,811
Technical Sentiment Signal: Strong Buy
Current Market Cap: €37.64M
For a thorough assessment of ESPE stock, go to TipRanks’ Stock Analysis page.