Iren S.p.A. (IT:IRE) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Iren S.p.A.’s Board of Directors has approved a capital increase in EGEA Holding, aiming to boost its share to 55.26% and support the development of a district heating project in Alessandria. This strategic move is expected to enhance Iren’s financial position and increase EBITDA by 55 to 60 million euros in FY2025, pending necessary regulatory approvals.
For further insights into IT:IRE stock, check out TipRanks’ Stock Analysis page.
