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E-Globe S.P.A. ( (IT:EGB) ) has issued an announcement.
E-Globe S.p.A. and Cogefeed S.p.A. have announced a strategic partnership to construct a series of photovoltaic plants in central-southern Italy, with a total power capacity of up to 25 MW. This collaboration aims to integrate E-Globe’s technical implementation capabilities with Cogefeed’s operational expertise, supporting both companies’ growth and commitment to sustainable energy solutions. The agreement is set to last 36 months, with potential for expansion, focusing on an efficient and coordinated project process.
More about E-Globe S.P.A.
E-Globe S.p.A. is an innovative SME, active in Italy and Central Europe, focusing on the resale and marketing of climate control products, boilers, biomass, renewable energy, and accessories. The company operates through both physical and online sales channels, emphasizing green economy products and offering turnkey services and installations. As of December 31, 2023, E-Globe recorded sales revenue of approximately 29.6 million Euros.
YTD Price Performance: 2.34%
Average Trading Volume: 18,581
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €15.78M
Learn more about EGB stock on TipRanks’ Stock Analysis page.