CatalystWireBeta

Zenith Energy LTD.Com Shs (ZEN): Partial sale of solar portfolio

This situation live

ZEN Zenith Energy LTD.Com Shs

£30m · 3.8p · +2% since the first step
9.7p 2.4p Now 3.8p · 23 Oct −9% +12% +6% +97% −30% −11% +3% −4% Oct ’25NovDecJan ’26FebMarAprMayJunJulAugSepOct
17 Nov 2025 · Planned, no buyer or terms announced · +12% until the next step Zenith plans to sell only a portion of its development portfolio.
31 Mar 2026 · Sale plan quantified; no buyer named · −30% until the next step The Company intends to sell a total of 50 MWp of assets between now and March 2027.
8 Jun 2026 · Evaluating sale of one project to a national operator · −11% until the next step In addition, we are evaluating a potential disposal of one of our development projects to a leading national renewable energy operator.
Disposal of a part (break-up)
Partial sale of solar portfolio
Buyer talks advancing; MoU non-binding
Next: Conclude buyer discussions; significant revenue expected end 2026 or early 2027
Every step · 10
  1. 20 Oct 2025 Planned, no buyer or terms announced – This strategic divestment will generate immediate profit and strengthen both profitability and the Company's cash position, while maintaining the Company's... ↗
  2. 17 Nov 2025 Planned, no buyer or terms announced – Zenith plans to sell only a portion of its development portfolio. ↗
  3. 2 Feb 2026 Selective monetisation planned; no buyer or terms – Zenith intends to maintain a balanced approach across its Italian portfolio, progressing projects toward RtB status while selectively assessing... ↗
  4. 5 Mar 2026 Selective monetisation intended; no buyer – Zenith intends to pursue a commercially focused strategy across its Italian portfolio, advancing projects to RtB status and selectively monetising a portion... ↗
  5. 31 Mar 2026 Sale plan quantified; no buyer named – The Company intends to sell a total of 50 MWp of assets between now and March 2027. ↗
  6. 8 Jun 2026 Evaluating sale of one project to a national operator – In addition, we are evaluating a potential disposal of one of our development projects to a leading national renewable energy operator. ↗
  7. 13 Jul 2026 Advanced discussions on one project – We are also in advanced discussions regarding the potential disposal of one development project to a leading national renewable energy operator. ↗
  8. 15 Jul 2026 Non-binding MoU signed; due diligence pending – Completion of the Proposed Transaction remains subject to confirmatory due diligence, the negotiation and execution of definitive transaction documentation... ↗
  9. 17 Sep 2026 Non-binding MoU; further sale talks ongoing – Negotiations are ongoing on a number of sales and the Company expects a significant proportion of value to be generated by Q3 2026 or Q1 2027. ↗
  10. 28 Sep 2026 Buyer talks advancing; MoU non-binding – Discussions with buyers on asset monetisation are advancing, and we expect them to deliver significant revenue towards the end of this year or the beginning of 2027. ↗

What is happening

Zenith Energy LTD.Com Shs: Partial sale of solar portfolio – Buyer talks advancing; MoU non-binding. ['Buyer talks advancing; MoU non-binding']

In short
Zenith planned in Oct 2025 to sell part of its solar portfolio. WESOLAR signed a non-binding MoU on 15 Jul 2026 for about 50 MWp of Piedmont projects at EUR 12m against about EUR 5m cost. On 28 Sep 2026 management said buyer discussions are advancing, with significant revenue expected towards end-2026 or early 2027.
Announced
20 Oct 2025 · Planned, no buyer or terms announced
Latest
28 Sep 2026 · Buyer talks advancing; MoU non-binding
Size
50 MWp of sales by March 2027, about EUR 41m combined
Operational assets
About 20 MWp, valued at circa EUR 26 million
RtB assets
30 MWp, valued at circa EUR 15 million
Total value
Approximately EUR 41 million combined
Price
EUR 12m for about 50 MWp South Piedmont Portfolio, MoU announced 15 Jul 2026
Business sold
Solar development projects, cost about EUR 5m; implied gross profit about EUR 7m
Conditions
Confirmatory due diligence, definitive agreements, customary closing conditions; no certainty of completion
Timetable
Significant revenue expected end of 2026 or beginning of 2027 (28 Sep 2026)

What comes next

Conclude buyer discussions; significant revenue expected end 2026 or early 2027.

Briefing Pro

New to Zenith Energy LTD.Com Shs? Get up to speed in 2 minutes.

What it does, how it got here, what management promised and delivered – written from its own announcements.

Get the ZEN briefing →
Ask ZEN Beta
Ask anything about Zenith Energy LTD.Com Shs

Answered from its own announcements and reported figures, every statement linked to its source.

From the company's own announcements. Not investment advice.

Also at Zenith Energy LTD.Com Shs 5 open
Project milestonesItalian solar development pipeline – Pipeline about 223 MWp; target 240 MWp Legal & regulatoryICC-2 annulment application – Pending at Swiss Court; ECHR route added Legal & regulatoryTunisian authorities dispute and oil confiscation – Post-hearing briefs; Tunisian assets impaired in audited accounts Large acquisition / reverse takeoverAcquisition of Daybreak Oil and Gas – Non-binding exclusivity signed; due diligence Dilutive fundraiseDilutive placing to fund projects – Completed; UK shares admit around 16 December Zenith Energy LTD.Com Shs – company page →

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note