AGP Executive Report
Last update: 12 hours agoInflation Watch: Italy’s consumer price inflation eased to 3.0% in June, down from 3.2% in May, as pressure cooled in unprocessed food, transport services and some personal care categories. Energy & Markets: Italia Solare warns that rising solar output is pushing more hours into near-zero prices in southern bidding zones, widening the gap between solar “captured” prices and average market values—raising concerns that solar revenues could fall faster from 2027 without more storage and hybrid PV-plus-storage. Power Storage Deal: EnBW signed a long-term tolling agreement with Zelestra for 300MW (about 1.2GWh flexibility) of battery storage in Emilia-Romagna, with construction due in 2027 and operations in 2028. EU Climate Politics: Ten EU countries including Italy urged the Commission to rethink ETS2 carbon pricing for transport and heating fuels, arguing households shouldn’t face extra costs amid economic strain. Business Expansion: Angelini Pharma completed its acquisition of Catalyst Pharmaceuticals, strengthening its push in US brain health and rare diseases. SME/Trade Finance: Sace and Africa Finance Corporation agreed an Africa export framework to support Italian firms in strategic projects across the continent. Corporate Finance: Prezzo Italian owner Brava reported strong half-year growth, with revenue up 12.3% and EBITDA up 155% despite refurbishment closures.
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