Dashboard
LoginSign Up

Financial News

Mukul Agrawal-backed Yaap Digital IPO to list today. Check GMP ahead of debut
economictimes_indiatimes109d ago

Mukul Agrawal-backed Yaap Digital IPO to list today. Check GMP ahead of debut

Yaap Digital, backed by Mukul Agrawal, is set for its stock market debut on March 5. The Rs 80.11 crore IPO saw healthy subscription, especially from QIBs, but grey market signals suggest a flat listing. The company, a digital content and marketing services agency, plans to use IPO funds for acquisitions and expansion.

#STOCKS
euronext109d ago

Solar Acquisition and Gas Supply Growth

Solar Acquisition and Gas Supply Growth Stocks master_of_puppetsThu 05/03/2026 - 02:56 CA98936C8584 05.03.2026 Norway Zenith 05/03/2026 - 02:54 Oslo Solar Acquisition and Gas Supply Growth Inside information 90000-667530 Oslo Børs Newspoint Zenith Energy Ltd Euronext Growth Published 60101010 Oil: Crude Producers MERK Language English March 5, 2026ZENITH ENERGY LTD.("Zenith" or the "Company")Solar Acquisition and Gas Supply GrowthZenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA; XSAT: ZENASDR), the international energy production and development company, is pleasedto announce the acquisition of an additional photovoltaic development project inthe Puglia region of Italy (the “Acquisition”). The Acquisition represents astrategic advancement toward the Company’s objective of achieving a solar energydevelopment portfolio capacity exceeding 200 MWp by the close of 2026.Overview of the Acquisition•The Acquisition comprises a photovoltaic development project located in thePuglia region, with an expected installed capacity of approximately 10 MWp.•Photovoltaic parks are generally cheaper to build than agrivoltaic parks andtypically command a premium price in the secondary market.•The Company has secured sufficient land to accommodate an integrated 4 MWBattery Energy Storage System (“BESS”) to optimize energy dispatch and supportthe requirements of the local grid.•The Acquisition is classified as being in the development stage.•The Company expects the project to reach Ready-to-Build (“RtB”) status byFebruary 2027.•The total consideration for the Puglia Acquisition is EUR 1,050,000. Paymentwill be made upon securing all required permits and achieving RtB status at theconclusion of the development process.Strategy OverviewIn the solar energy industry, a “pipeline” refers to the portfolio ofdevelopment projects being advanced toward construction. Zenith’s pipelinecomprises a rapidly growing portfolio of projects progressing through design,permitting, and grid-connection milestones, moving toward Ready-to-Build (“RtB”)status.Solar development pipelines possess significant intrinsic value, which generallyincreases as projects progress and risks are mitigated through the developmentprocess. As previously disclosed in the Company’s regulatory news announcementdated 4 December 2025, an independent valuation of Zenith’s 110.5 MWp solarpipeline placed its value at EUR 27.5 million upon reaching Ready-to-Build(“RtB”) status. Following subsequent acquisitions, the Company’s solar pipelinehas expanded to approximately 135.5 MWp, and an updated independent valuationhas, accordingly, been commissioned.Zenith intends to pursue a commercially focused strategy across its Italianportfolio, advancing projects to RtB status and selectively monetising a portionof these assets. Proceeds from such sales are expected to support the continueddevelopment of the remaining projects through to production, where they areintended to generate long-term, recurring electricity revenue for the Company.Relaunch of Sant’Andrea Gas FieldDue to ongoing conflicts affecting several key gas-producing countries, theCompany expects a significant increase in natural gas prices and, consequently,electricity prices. In light of these market conditions, Zenith has decided torecommence production at the Sant’ Andrea gas field in Italy. Upon reactivation,the field is expected to produce approximately 40,000 cubic metres of naturalgas per month (equivalent to 480,000 cubic metres per annum), with production tobe connected to and sold through the Italian national grid.Andrea Cattaneo, Chief Executive Officer, commented:"We are delighted to further strengthen our solar portfolio in one of the mostattractive solar development markets in Europe. Following the Acquisition, oursolar development pipeline has increased to approximately 135.5 MWp, and weintend to continue expanding it rapidly toward our target of at least 200 MWp bythe end of 2026.The ongoing geopolitical tensions also underscore the strategic importance ofsecure natural gas supply and reliable electricity generation in Europe. Againstthis backdrop, Zenith is actively expanding its solar portfolio while increasingour existing natural gas production.”Overview of Zenith Energy's solar portfolio as of March 5, 2026Project / stageCapacity (MWp)StatusNotesLiguria Solar Asset0.5Production / upgradeCurrently producing 0.2 MWp;upgrade to 0.5 MWp planned.Lazio Agrivoltaic Project 110.0DevelopmentFirst Lazio acquisition (10 MWp)announced August 6, 2025.Lazio Agrivoltaic Project 28.0DevelopmentFirst announced August 27, 2025. Piedmont Agrivoltaic Development Projects30.0DevelopmentAcquisitioncomprising various agrivoltaic projects announced August 11, 2025.Piedmont PV Development Project10.0DevelopmentAcquisition announced August22, 2025.Piedmont Agrivoltaic Development Project19.0DevelopmentAcquisition announcedOctober 19, 2025. Piedmont Advanced Agrivoltaic Development Project10.0DevelopmentAcquisitionannounced February 2, 2026. Puglia Solar Asset (“Andria-1”)3.0Tendering / financing (RTB)AnnouncedNovember 20, 2025. Construction targeted for July 2026.Puglia Development Asset ("Andria-2" and "Barletta-1")6.0Development (late-stage)Acquisition announcedSeptember 16, 2025.Puglia Solar Development (PV + BESS)10.0DevelopmentAcquisition signed October9, 2025.Puglia PV Development (“Andria 3” and “Andria 4”)4.0Tendering / financing(RTB)Announced November 20, 2025. Construction targeted for July 2026.Puglia PV Development10.0DevelopmentAcquisition announced November 17, 2025. Puglia Ground-Mounted PV Projects (two sites)5.0DevelopmentAcquisitionannounced February 18, 2026.Puglia Photovoltaic Project (PV + BESS)10.0DevelopmentAcquisition announcedtoday. Total portfolio135.5Further Information: Zenith Energy LtdAndrea Cattaneo, Chief Executive Officer Tel: +1 (587) 315 1279E: info@zenithenergy.ca Notes to Editors:Zenith Energy Ltd. is a revenue generating, independent energy company withenergy production, exploration and development assets in North Africa, the USand Europe. The Company is listed on the London Stock Exchange Main Market (LSE:ZEN), the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and on theSpotlight Stock Market in Sweden (XSAT: ZENA SDR).Zenith's strategic focus is on pursuing development opportunities through thedevelopment of proven revenue generating energy production assets, as well aslow-risk exploration activities in assets with existing production. For more information, please visit: www.zenithenergy.ca />Twitter: @zenithenergyltdLinkedIn: https://bit.ly/3A5PRJb /> Market Abuse Regulation (MAR) Disclosure The information included in this announcement is defined as inside informationpursuant to MAR article 7 and is publicly disclosed in accordance with MARarticle 17 and section 5 -12 of the Norwegian Securities Trading Act. Theannouncement is made by the contact person. More information:Access">https://newsweb.oslobors.no/message/667530">Access the news on Oslo Bors NewsWeb site ZENITH ENERGY Zenith Energy Ltd 153398 CA98936C8584-MERK ZENA

#STOCKS
Omnitech Engineering shares to list today. Here's what GMP indicates ahead of debut
economictimes_indiatimes109d ago

Omnitech Engineering shares to list today. Here's what GMP indicates ahead of debut

Omnitech Engineering's stock market debut is anticipated to be muted, with grey market signals indicating a negative premium ahead of listing. Despite strong QIB subscription, weak retail participation and a Rs 583 crore IPO suggest limited listing gains. The company plans to utilize IPO funds for debt repayment and new project expansion.

#STOCKS
Currencies take a beat as dollar rally pauses
economictimes_indiatimes109d ago

Currencies take a beat as dollar rally pauses

The dollar's rally paused Thursday, offering relief to the euro amid hopes the Middle East conflict might be shorter than feared. Investors seized on a report of potential Iran-CIA talks, though Tehran denied it. Upbeat US services data also supported sentiment, even as the dollar held weekly gains amidst market volatility.

#CRYPTO#FOREX
Ooma Q4 Earnings Call Highlights
thelincolnianonline109d ago

Ooma Q4 Earnings Call Highlights

Ooma (NYSE:OOMA) reported fourth-quarter and full-year fiscal 2026 results highlighted by higher profitability, contributions from two newly acquired businesses, and what management described as growing momentum for its AirDial POTS replacement offering heading into fiscal 2027. Fourth-quarter results set new profitability and cash flow records CEO Eric Stang said the company delivered “strong Q4 financial [...]

#STOCKS
Gold gains on safe-haven demand, softer dollar
economictimes_indiatimes109d ago

Gold gains on safe-haven demand, softer dollar

Gold prices surged on Thursday. Escalating Middle East conflict drove investors to safe-haven assets. A softer dollar also boosted bullion prices. The U.S. and Iran are involved in a widening war. This geopolitical tension has sent gold up significantly this year. Investors are now awaiting key U.S. economic data releases.

#COMMODITIES