EAM Solar ASA ( (DE:EA2) ) just unveiled an announcement.
EAM Solar ASA is currently involved in multiple legal proceedings, notably appealing a July 2024 judgment to the Supreme Court, with a hearing set for March 2025. Additionally, the company is in discussions for a potential alternative resolution to a dispute with UBI Banca, and has begun the appeals process for an arbitration award from February 2024. These legal actions may significantly impact EAM’s operations and its strategic positioning within the solar energy market.
More about EAM Solar ASA
EAM Solar AS is an energy company that specializes in purchasing and operating solar power plants, primarily located in Italy. The company engages in long-term sales contracts for its solar facilities and is involved in legal actions related to the acquisition of these power plants.
YTD Price Performance: -50.0%
Average Trading Volume: 41,785
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.57M
Learn more about EA2 stock on TipRanks’ Stock Analysis page.