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ESPE SpA ( (IT:ESPE) ) just unveiled an update.
ESPE S.p.A. has secured two new contracts worth 4.4 million euros with a leading Italian Independent Power Producer for constructing ground-mounted photovoltaic systems in Teramo. These projects, totaling 7.1 MWp, are expected to enhance ESPE’s positioning in the utility-scale segment and contribute to its growth trajectory, with the company’s order portfolio now reaching approximately 109.3 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 active in the renewable energy sector since 1974. The company specializes in developing innovative solutions for energy production from renewable sources, including photovoltaic systems, mini-wind turbines, and biomass cogenerators. As an EPC contractor and system integrator, ESPE is a key player in the renewable energy industry, known for its advanced automation systems and commitment to sustainable growth.
Average Trading Volume: 17,716
Technical Sentiment Signal: Strong Buy
Current Market Cap: €38.85M
See more insights into ESPE stock on TipRanks’ Stock Analysis page.