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Redelfi S.p.A. ( (IT:RDF) ) has issued an announcement.
Redelfi S.p.A. has signed a significant agreement with AFRY for engineering services related to 1 GW of BESS projects in the Redelfi 2 Pipeline. This collaboration marks a strategic expansion of Redelfi’s activities and aligns with its growth strategy to increase its presence in the Italian energy market. The agreement with AFRY, which includes design and technical services, is a crucial step in Redelfi’s new 2025-2029 Industrial Plan, reflecting a commitment to sustainable energy solutions and strengthening the partnership between the two companies.
The most recent analyst rating on (IT:RDF) stock is a Buy with a EUR11.50 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 industrial group focused on the energy transition sector, primarily through the development of Battery Energy Storage Systems (BESS). The company emphasizes innovation and adherence to ESG principles in its operations. In 2024, Redelfi reported a production value of €19.8 million and a net result of €3 million, with a net financial position of €19.5 million in cash negative and net equity of €24.4 million.
Average Trading Volume: 76,815
Technical Sentiment Signal: Strong Buy
Current Market Cap: €80.32M
For an in-depth examination of RDF stock, go to TipRanks’ Overview page.