Enerside Energy, S.A. (BME:ENRS) signed a binding agreement to acquire remaining 44% stake in Enerside Energy Italia, SRL from Alternative Green Energy for ? 24 million on June 23, 2025. Enerside will finance the acquisition through a non-cash capital increase of ?24 million, which will involve the issuance of 7,570,978 new shares at a price of ?3.17 per share.
The expected completion of the transaction is 3Q25 once the financing of the business plan will be secured.