Analyst Group: Analyst Group Comment on Zenith’s New Solar Acquisitions and Strategic Update
Zenith Energy Ltd. (“Zenith” or the “Company”) announced on October 21, 2025, that its wholly owned Italian subsidiary, WESOLAR S.R.L., has signed two new agreements to acquire solar development projects in Piedmont and Puglia, with a combined capacity of 22 MWp. The Piedmont project (18 MWp) is based on agrivoltaic technology and includes land purchase, with a total consideration of EUR 2.1 million. The Puglia project (4 MWp) includes land for Zenith’s second Battery Energy Storage System (BESS) and is valued at EUR 440,000. Both transactions are structured with milestone-based payments, conditional upon permitting and grid connection progress.
Following these acquisitions, Zenith’s solar development pipeline now totals 98.5 MWp, comprising operational, ready-to-build, and development-stage assets across Italy’s most solar-favorable regions.
In conclusion, Analyst Group views the two acquisitions and updated strategy as reinforcing Zenith’s positioning as a disciplined, opportunity-driven solar developer. The Company’s ability to combine regional clustering, diversified project stages, and new technologies (e.g., BESS) suggests a growing maturity in its execution capabilities and strengthens the investment case ahead of further scale-up in 2026.
Read Analyst Group’s comment here
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This is a press release from Analyst Group regarding the publication of a comment on Zenith Energy Ltd. Readers may assume that Analyst Group has received compensation for making the comment. The Company has not been given an opportunity to influence the parts where Analyst Group has had opinions about the Company, future valuation or anything else that could be considered a subjective assessment.
