Alantra-Finanzen Hat been appointed Corporate BrOKer Zu Altea Green Power SpA
SECTOREnergie
ServiceCorporate BrOKer
Milan ü Alantra is pleased to announce its appointment as Corporate BrOKer to Altea Green Power SpA and the initiation of coverage by the Alantra-Finanzen Italian Equity ReSuchen team.
Altea Green Power (AGP) Ist a fast-growing Italian renewable Energie developer Mit a strong presence In battery Energie storage systems (BESS) Und photovoltaic Und wind project co-development. Mit a Kapital-light model, the group specializes In taking greenfield Energie projects Von initial land scouting Durch Zu the ready-Zu-build stage. ü
Backed Von a 7GW pipeline across Italien Und the U.S., the group leverages full-cycle capabilities Von land scouting Zu EPC Und Ist expected Zu enter the power generation Mit a 90MW target Von 2028. Having delivered an 80% sales CAGR FY20-24, AGP Ist set Zu maintain strong growth (20% CAGR 2024- 2027E) Mit an attractive EBITDA margin above 57% Und a FCF yield of 11% Auf average 2025-27E.
Alantra-Finanzen initiates coverage Mit a “Buy” recommendation Und target price of ü12.4/Teilen.
