Zenith Energy signs LOI to buy Italian biogas developer for up to EUR 1.6 million

• Zenith Energy entered a binding LOI with exclusivity to buy an Italian biogas developer owning a fully permitted, construction-ready biomethane project.
• Purchase price capped at EUR 1.6 million, pending confirmatory due diligence.
• Plant targets output of 3 million cubic meters of methane a year for injection into Italy’s Snam Rete network, supported by 15-year incentives.
• Projected annual revenue of about EUR 5 million; projected annual EBITDA of about EUR 2.5 million.
• Green project financing targeted by end-Q3 2026; closing expected in Q4 2026; start-up targeted for Q3 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zenith Energy Ltd. published the original content used to generate this news brief via Cision (Ref. ID: 20260720:BIT:0271:0) on July 20, 2026, and is solely responsible for the information contained therein.