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Redelfi S.p.A. ( (IT:RDF) ) has issued an update.
Redelfi S.p.A. has approved a strategic spin-off of its non-core activities to concentrate on the development of Battery Energy Storage Systems (BESS) in the Italian and US markets. This move is expected to streamline Redelfi’s corporate structure, optimize its focus on the energy sector, and potentially enhance financial performance by deconsolidating debts and benefiting from future capital gains.
More about Redelfi S.p.A.
Redelfi S.p.A. is a company leading a group active in the digital and green transition, focusing on innovative and sustainable infrastructure development to promote energy transition. The company is listed on the Euronext Growth Milan segment of Borsa Italiana and emphasizes compliance with ESG principles in its business management.
YTD Price Performance: 20.76%
Average Trading Volume: 50,702
Technical Sentiment Signal: Strong Sell
Current Market Cap: €53.06M
For a thorough assessment of RDF stock, go to TipRanks’ Stock Analysis page.