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ESPE SpA ( (IT:ESPE) ) has issued an update.
ESPE S.p.A. has secured two contracts worth a total of 10.5 million euros for the construction of advanced agrivoltaic plants in Emilia-Romagna and Veneto, further solidifying its position in the renewable energy sector. These projects, which integrate agricultural activities with photovoltaic production, highlight ESPE’s strategic focus on agrivoltaics as a key growth area, enhancing its role as a technological and industrial partner committed to sustainability and innovation. With a current order backlog of approximately 94.3 million euros, ESPE continues to expand its market presence and operational capabilities.
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., based in Grantorto, Italy, has been a significant player in the renewable energy sector since 1974. Known for developing innovative solutions, ESPE specializes in photovoltaic systems, small wind turbines, and biomass cogeneration. The company has expanded its expertise through strategic acquisitions and partnerships, enhancing its capabilities in designing and implementing advanced energy systems. ESPE serves a diverse clientele, including large industrial groups and international investors, and is committed to sustainable growth and innovation.
Average Trading Volume: 28,379
Technical Sentiment Signal: Strong Buy
Current Market Cap: €36.42M
See more data about ESPE stock on TipRanks’ Stock Analysis page.