RE: Going to be another big market cap Solar production company6 Aug 2025 13:16
I do wonder why they are buying the land rather than renting it? I wonder what the terms are, if they have to pay the lot upfront?
Maybe that's just the way it has to be but if they rented with an option to buy they could get a lot more land secured for little coin and pay to buy it over time.
I assume the ICCI judgement is an asset now on the balance sheet and they can borrow against it even if it's not yet collected?
I like the way this seems to be rapidly scaling up. It's a land grab for this stuff now with Italy and the EU aligned to bring solar production to the region to meet their Green agenda goals.