| Updated: Italy’s Eni has set foot into Greece’s solar power market with the acquisition of Solar Konzept Greece, which has an 800 megawatt portfolio of projects at different stages of development.
The Italian energy group purchased the firm from Solar Konzept International, which is majority owned by Germany’s Aquila Capital.
Solar Konzept Greece will be a launching pad for further development in Greece, Eni said.
However, financial details of the transaction were not disclosed.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
US stock-index futures little changed after week of gains U.S. stock-index futures are little changed, after companies posted the longest streak of weekly gains since February, as investors focused on earnings reports this week from retailers to asses the strength of consumer demand.Standard […]
Brent Jumps 4.36%, WTI Up Over 1% as US Natgas Futures Slide 2.04% on Abundant Supply Key momentsUS natural gas futures sank on Wednesday, falling over 2%.
Exceptionally high output served as the primary factor behind the decline of natgas futures.
Crude oil prices surged, with Brent and WTI climbing 4.36% and 1.53%, […]
USD/CHF settles below 3-week high, posts weekly gain The USD/CHF currency pair settled below recent high of 0.8014, its strongest level since September 5th, in the wake of the Swiss National Bank’s policy decision and after US PCE inflation data met expectations and reinforced bets that the […]
Grain Futures Mostly Lower
Wheat for July delivery fell 1,4% on the day and traded at $6,7438 a bushel after earlier in the session it tumbled 1,5% and reached its weakest level since April 3. Wheat prices are experiencing downward pressure amid improved weather […]
American Airlines shares decline, company to raise $3.5 billion
Shares in American Airlines Group Inc. dropped 5.8% in premarket trading as the company announced its new financing strategy to raise $3.5 billion. The company needs this funding to handle the losses that came after the travel bans imposed […]
SAIC wins $444 million Space Force contract Science Applications International Corp (NASDAQ: SAIC) said this week it had received a $444 million contract to support Digital Transformation, Acquisition, Modernization and Modification for the US Space Force's Space Systems Command and […]