ACEA SPA (IT:ACE) has released an update.
ACEA has agreed to sell its High Voltage Electric Network to Terna for 247 million Euros, aligning with regulatory incentives to optimize asset management in Italy. This sale will support ACEA’s investment plans to enhance Rome’s electrical distribution network, contributing to improved service quality and network growth.
For further insights into IT:ACE stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Phillip Securities Analyst Lifts Meta Price Target on Solid AI Potential
- Insider Trade: Carvana CFO Accumulates Shares Worth $37.7M
- 3 Penny Stocks to Watch Now, 11/7/24
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
