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The latest announcement is out from TINC Comm. VA. ( (GB:0R7T) ).
TINC has announced a strategic investment of €61 million in Project Mufasa, the largest battery energy storage system in the Netherlands, marking a significant milestone in supporting the country’s transition to renewable energy. This investment, part of a €350 million project, highlights the growing importance of battery storage in stabilizing power grids and reducing energy costs, positioning TINC as a key player in the European renewable energy infrastructure sector.
More about TINC Comm. VA.
TINC is a listed investment company focused on creating sustainable value by investing in infrastructure projects. The company holds a diversified portfolio across sectors such as public infrastructure, energy, digital infrastructure, and selective real estate in Belgium, France, Ireland, and the Netherlands.
YTD Price Performance: -5.06%
Average Trading Volume: 1,607
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €384.7M
See more data about 0R7T stock on TipRanks’ Stock Analysis page.