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ESPE SpA ( (IT:ESPE) ) has shared an announcement.
ESPE S.p.A. has secured three new contracts worth approximately 10.9 million euros with a leading Italian Independent Power Producer for the construction of ground-mounted photovoltaic systems totaling 19.4 MWp. These projects, located in Brindisi, Fermo, and Perugia, are part of broader urban redevelopment initiatives and underscore ESPE’s commitment to integrating renewable energy production with environmental and territorial regeneration. This development strengthens ESPE’s market position and highlights its execution quality and strategic partnerships, with the company’s order portfolio now reaching approximately 104.6 million euros.
The most recent analyst rating on (IT:ESPE) stock is a Buy with a EUR4.40 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 key player in the renewable energy sector since 1974, specializing in the development of photovoltaic systems, small wind turbines, and biomass cogenerators. The company is recognized for its innovative solutions and has expanded its expertise through strategic acquisitions, positioning itself as a leader in sustainable energy solutions.
Average Trading Volume: 4,875
Technical Sentiment Signal: Buy
Current Market Cap: €37.15M
Learn more about ESPE stock on TipRanks’ Stock Analysis page.