AlphaValue double upgrades Elecnor on data-centre potential

Elecnor

29/09/2025 09:53

** AlphaValue double-upgrades Spanish infrastructure firm Elecnor ENOR.MC to "add" from "sell", pointing to its expertise in critical data-centre installations

** It raises its PT by 28% to 26.7 euros

** "Given the market's recent dash for (US) AI data-centre market opportunity proxies, the likes of Elecnor could be an interesting offering," the brokerage says

** As a home-grown specialist for European data-centre developments, AlphaValue believes Elecnor could also be a partner of choice for various firms and governments due to the global tariff wars

** Including the session's rise, shares in Elecnor are up 51% YTD

​​

 (Reporting by Javi West Larrañaga)

 ((javier.west@thomsonreuters.com; +34 918 35 61 12))