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Zenith Energy Expands Solar Portfolio with New Acquisition in Italy

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Zenith Energy Expands Solar Portfolio with New Acquisition in Italy

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The latest announcement is out from Zenith Energy ( (GB:ZEN) ).

Zenith Energy Ltd. has announced the acquisition of a solar energy project in the Puglia region of Italy, enhancing its solar portfolio managed by its subsidiary WESOLAR S.R.L. The project, with a capacity of 6 MWp, is in the development stage and is expected to consolidate Zenith’s presence in Puglia, complementing its existing projects in Piedmont and Lazio. This acquisition is part of Zenith’s strategy to build a diversified and scalable solar portfolio, aiming to improve operational efficiencies and deliver sustainable value for shareholders.

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 with operations in North Africa, the US, and Europe, focusing on energy production, exploration, and development. It is listed on the London Stock Exchange and the Oslo Stock Exchange, with a strategic emphasis on developing revenue-generating energy assets and low-risk exploration.

Average Trading Volume: 704,864

Technical Sentiment Signal: Sell

Current Market Cap: £12.81M

For detailed information about ZEN stock, go to TipRanks’ Stock Analysis page.

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