ALTAREA (FR:ALTA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Altarea has expanded its focus on renewable energy by acquiring Prejeance Industrial, a French company that specializes in rooftop photovoltaic projects for agriculture, with a current capacity of 42 MWp and 400 MWp in development. The deal, valued at around 140 million euros, will enhance Altarea’s strategic roadmap for photovoltaic installations in France and will be reflected in the Group’s accounts from the second half of 2024.
For further insights into FR:ALTA stock, check out TipRanks’ Stock Analysis page.
