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Redelfi S.p.A. ( (IT:RDF) ) has issued an update.
Redelfi S.p.A. has signed a term sheet with Gruppo WRM to create a joint venture dedicated to developing four data center projects in Italy, marking the launch of a new business line that extends its infrastructure expertise from energy into digital assets. The partners will form a NewCo, 51% owned by Redelfi and 49% by Gruppo WRM, with Redelfi managing all technical and operational development under a Development Services Agreement that will remunerate the company on the achievement of project milestones, while leveraging its existing collaboration with WRM in the Bright Storage BESS venture to integrate battery storage with energy‑intensive data centers, enhancing grid efficiency and reinforcing Redelfi’s positioning as a reference developer of strategic energy and digital infrastructure.
The most recent analyst rating on (IT:RDF) stock is a Buy with a EUR13.85 price target. To see the full list of analyst forecasts on Redelfi S.p.A. stock, see the IT:RDF Stock Forecast page.
More about Redelfi S.p.A.
Redelfi S.p.A. is an Italian industrial group headquartered in Genoa and listed on Euronext Growth Milan, active in the energy transition through the development of Battery Energy Storage Systems (BESS) and other innovative, sustainable infrastructure. The company operates with a strong focus on ESG principles and, in the 2024 financial year, reported a production value of €19.8 million, a net result of €3 million, a cash‑negative net financial position of €19.5 million and shareholders’ equity of €24.4 million.
Average Trading Volume: 50,389
Technical Sentiment Signal: Buy
Current Market Cap: €152.8M
See more data about RDF stock on TipRanks’ Stock Analysis page.