Altea Green Power transfers to Euronext STAR Milan

• Altea Green Power is the 29^th firm to move from Euronext Growth Milan to Euronext Milan and the 17^th transfer to Euronext STAR Milan

• The company, operating in the renewable energy production sector, has a market capitalisation of €127.2 million

• The company listed in February 2022 on Euronext Growth Milan

Milan – 18 November 2024 – Borsa Italiana, part of the Euronext Group, today congratulates Altea Green Power on its transfer from Euronext Growth Milan to Euronext STAR Milan. The company listed in February 2022 on Euronext Growth Milan. 

Altea Green Power is a company operating in the development and construction of environmentally-friendly power generation plants and as a "service integrator”, addressing its expertise to individuals, businesses, entities and investors.

Altea Green Power brings the total number of firms currently listed on Euronext STAR Milan to 71. 

Altea Green Power represents the 29^th firm to move from Euronext Growth Milan to Euronext Milan and the 17^th transfer to Euronext STAR Milan.

The market capitalisation is €127.2 million

Giovanni Di Pascale, CEO of Altea Green Power, said: “Today marks an important milestone in the history for Altea Green Power. The natural and consistent outcome of a journey that began in 2008 with the establishment of the company, then in 2022 with the listing on the Euronext Growth Milan market. The transition to the main market and specifically to the Euronext STAR Milan segment, dedicated to Italian excellence, means the opportunity for us to give new shape and impetus to a growth project in which we strongly believe in. Year after year we have built this project with the full conviction that it is essential to promote a culture of valorisation of natural resources. Altea Green Power utilises inexhaustible energy sources, which are crucial for shaping a more sustainable future for generations to come. We believe that this new phase will allow us to increase awareness of our business model, improve our visibility with investors, including on an international level, attract new partners, and enhance our reputation and competitiveness in the market. Finally, I would like to thank all our valuable colleagues, whose perfect teamwork has supported us throughout this unique and extraordinary adventure”.

Caption: Giovanni Di Pascale, CEO of Altea Green Power, and Salvatore Guarino, General Manager of Altea Green Power, rang the bell during the market opening ceremony this morning to celebrate the company’s listing.

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