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Zenith Energy ( (GB:ZEN) ) has shared an announcement.
Zenith Energy Ltd. has announced the acquisition of a 10 MWp agrivoltaic solar energy project in Lazio, Italy, through its subsidiary WESOLAR S.R.L. This acquisition is part of Zenith’s strategic goal to build a 20 MWp solar portfolio by the end of 2025. The project integrates agricultural activities with solar energy production, supporting sustainable practices. The acquisition is expected to reach Ready-to-Build status within a year, and Zenith plans to leverage favorable financing options in Italy to accelerate its expansion.
More about Zenith Energy
Zenith Energy Ltd. is an independent energy company with operations in North Africa, the US, and Europe. It focuses on energy production, exploration, and development, particularly through low-risk exploration and the development of proven revenue-generating assets. The company is listed on the London Stock Exchange and the Oslo Stock Exchange.
Average Trading Volume: 898,381
Technical Sentiment Signal: Sell
Current Market Cap: £12.32M
Find detailed analytics on ZEN stock on TipRanks’ Stock Analysis page.