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Transition Evergreen Refocuses on Infrastructures Amidst Industry Challenges

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Transition Evergreen Refocuses on Infrastructures Amidst Industry Challenges

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An update from Transition Evergreen ( (FR:EGR) ) is now available.

Transition Evergreen is refocusing its strategy towards the ‘Infrastructures’ segment, which includes renewable energy and environmental services, in response to challenges in financing the industry in France. The company is also managing the judicial recovery of Safra SA, a decarbonized mobility player, which has impacted the fair value of its holdings, reflecting the difficulties in the sector.

More about Transition Evergreen

Transition Evergreen is an evergreen fund listed in France on Euronext Paris, dedicated to ecological transition and carbon footprint reduction. The company invests in French and European companies that focus on renewable energy production infrastructures and environmental services. Transition Evergreen holds stakes in several key companies, including Evergaz, EverWatt, and Everwood, and has received the Greenfin and Relance labels for its commitment to sustainable investment practices.

YTD Price Performance: -28.37%

Average Trading Volume: 500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €27.26M

For a thorough assessment of EGR stock, go to TipRanks’ Stock Analysis page.

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