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Good Energy Expands with Strategic Acquisition
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Good Energy Expands with Strategic Acquisition

Good Energy (GB:GOOD) has released an update.

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Good Energy Group PLC, a leading renewable energy supplier, has acquired Amelio Solar—a commercial solar installation company—to enhance its clean energy service offerings and expand its solar installation market presence, especially in the commercial and public sectors. The acquisition, made for an initial £5.5 million with a potential additional £0.5 million based on performance, is expected to significantly contribute to Good Energy’s earnings from 2025. Amelio Solar’s strong track record in delivering large-scale solar solutions aligns with Good Energy’s strategy to support a sustainable, low-carbon future.

For further insights into GB:GOOD stock, check out TipRanks’ Stock Analysis page.

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