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Zenith Energy ( (GB:ZEN) ) has issued an update.
Zenith Energy Ltd. has announced the acquisition of a second agrivoltaic solar energy development project in the Lazio region of Italy, expanding its capacity in the area to 15 MWp. This acquisition strengthens Zenith’s solar portfolio in Italy, complementing its existing projects in Piedmont, and is expected to enhance operational efficiencies and long-term portfolio value. The company projects significant revenue generation from its solar energy portfolio, with an estimated EUR 85.5 million in gross revenue over the first decade of operation.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
More about Zenith Energy
Zenith Energy Ltd. is an independent energy company listed on the London Stock Exchange and the Oslo Stock Exchange. It focuses on energy production, exploration, and development assets in North Africa, the US, and Europe, with a strategic emphasis on developing revenue-generating energy production assets and low-risk exploration activities.
Average Trading Volume: 803,406
Technical Sentiment Signal: Sell
Current Market Cap: £12.32M
For a thorough assessment of ZEN stock, go to TipRanks’ Stock Analysis page.