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ZCCM Investments Holdings ( (FR:MLZAM) ) has issued an update.
ZCCM Investments Holdings PLC announced its $10 million participation in the second tranche of CEC Renewables Limited’s green bond issuance. This investment will support the 136MW Itimpi-2 solar project and aligns with ZCCM-IH’s strategy to enhance its energy sector footprint, diversify its investment portfolio, and reduce its carbon footprint. The initiative also underscores the company’s commitment to the Zambian capital market and complies with the ICMA Green Bond Principles.
More about ZCCM Investments Holdings
ZCCM Investments Holdings PLC is a company based in Zambia, primarily operating in the mining and energy sectors. It focuses on sustainable wealth creation for the benefit of Zambian people and stakeholders, with a strategic emphasis on energy investments to address the ongoing energy crisis in the country.
YTD Price Performance: 0.25%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $19M
See more insights into MLZAM stock on TipRanks’ Stock Analysis page.
