The updated business plan to be presented to analysts later increases projected investment by 1 billion euros and nudges up financial targets in the final part of the strategy.
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A2A also confirmed minimum annual dividend growth of 4%.
A2A stock has risen by around 14% in the last 30 days.
PRIVILEGED POSITION TO SUPPORT DATA CENTRES
Italy’s northern region of Lombardy encompasses the country’s financial capital Milan and the industrial city of Brescia, a geographic area where A2A sees a surge in new digital infrastructures that will boost electricity demand, network connection and thermal management needs.
Italy’s A2A lifts investment plan to $27 billion on data centre demand
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