Altea Green Power Joins Euronext STAR Milan, Advancing Its Renewable Energy Mission

Altea Green Power Joins Euronext STAR Milan, Advancing Its Renewable Energy Mission

(IN BRIEF) Altea Green Power, a renewable energy company specializing in developing eco-friendly power generation plants, has transitioned from Euronext Growth Milan to the prestigious Euronext STAR Milan segment. With a market capitalization of €127.2 million, Altea Green Power is the 29th firm to move from Euronext Growth Milan to Euronext Milan and the 17th to join the STAR segment. This milestone enhances the company’s visibility with investors, attracts new partnerships, and strengthens its position in the renewable energy sector. CEO Giovanni Di Pascale highlighted the move as a pivotal step in advancing their mission to promote sustainable energy for future generations.

(PRESS RELEASE) MILAN, 19-Nov-2024 — /EuropaWire/ — Borsa Italiana, a part of the Euronext Group, has congratulated Altea Green Power on its transition from Euronext Growth Milan to the prestigious Euronext STAR Milan segment. The company, which initially listed on Euronext Growth Milan in February 2022, specializes in developing and constructing renewable energy plants and providing integrated services for individuals, businesses, and investors.

This move positions Altea Green Power as the 29th company to transition from Euronext Growth Milan to Euronext Milan and the 17th to join the STAR segment, which is dedicated to highlighting Italian companies that excel in governance, transparency, and performance. The company’s market capitalization currently stands at €127.2 million, further cementing its role as a leader in the renewable energy sector.

A Milestone in Sustainable Growth

Reflecting on the achievement, Giovanni Di Pascale, CEO of Altea Green Power, stated:
“Today represents a pivotal moment in Altea Green Power’s journey. From our foundation in 2008 to our listing on Euronext Growth Milan in 2022, and now to Euronext STAR Milan, this transition marks a natural progression for our growth strategy. We remain deeply committed to fostering the responsible use of natural resources and harnessing renewable energy to create a sustainable future for generations to come.”

Di Pascale highlighted the significance of the move, emphasizing that it will:

• Boost visibility among both domestic and international investors.
• Attract new partners to support the company’s long-term growth.
• Enhance reputation and competitiveness in the global renewable energy market.

He also expressed gratitude to the company’s dedicated team, whose collaborative efforts have been instrumental in achieving this milestone.

A Commitment to Renewable Energy Excellence

Altea Green Power’s transition underscores its leadership in the renewable energy sector and aligns with its mission to promote sustainable energy solutions. By joining Euronext STAR Milan, the company gains access to increased visibility and opportunities to connect with stakeholders who share its vision for a greener future.

With this move, Altea Green Power now joins a group of 71 firms listed on Euronext STAR Milan, further strengthening its position as a key player in Italy’s clean energy transition.

About Euronext
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