Brief: Zenith Energy To Buy 100% Of Italian Biogas Development Company
20/07/2026 09:45
BRIEF-Zenith Energy To Buy 100% Of Italian Biogas Development Company July 20 (Reuters) - Zenith Energy Ltd ZENZ.L:
ZENITH ENERGY: ENTERS BINDING LETTER OF INTENT & EXCLUSIVITY FOR ACQUISITION OF 100% OF ISSUED SHARE CAPITAL OF AN ITALIAN BIOGAS DEVELOPMENT COMPANY
ZENITH ENERGY: PROJECT TO PRODUCE ABOUT 3 MILLION CUBIC METRES OF METHANE GAS PER ANNUM, FOR INJECTION INTO ITALIAN GAS NETWORK
ZENITH ENERGY: PURCHASE PRICE OF TARGET IS CAPPED AT EUR 1.6 MILLION, WITH FINAL CONSIDERATION TO BE DETERMINED POST CONFIRMATORY DUE DILIGENCE
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