Erredue S.P.A. (IT:RDUE) has released an update.
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Institutional investor First Capital S.P.A., through its subsidiary First SICAF S.P.A., has increased its stake in ErreDue S.p.A. to surpass the 5% threshold, now holding 6.97% of the company’s ordinary shares. This investment underscores confidence in ErreDue’s growth strategy and the strategic importance of the hydrogen sector for decarbonization. ErreDue, a leader in hydrogen electrolysis technology, saw a 40% increase in production value in 2023, highlighting its strong market position.
For further insights into IT:RDUE stock, check out TipRanks’ Stock Analysis page.