• 5GR.MU is trading approximately 3% up at $113, building on recent positive company developments.
  • The stock is gaining momentum after Grenergy Renovables secured a significant 12-year hybrid Power Purchase Agreement (PPA) for its Oasis de Atacama project in Chile, announced in early June.
  • Further boosting sentiment, the company inaugurated Elena, the largest battery plant in the Americas, in early June.
  • Major firms like UBS also highlighted Grenergy's growth prospects with a buy rating in late May.