LONDON, November 8, 2013 /PRNewswire/ --
Edison Investment Research, a leading international investment research firm, announces the initiation of coverage of Albioma (NYSE Euronext: ABIO), a Euronext-listed renewable energy company.
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In the report Investing in the core business, Edison analyst Graeme Moyse highlights that the proposed investment plan, designed to expand the business in areas of core expertise, should lead to an acceleration of growth beyond 2014. In the meantime, the shares trade at a discount to €20/share, the average of the peer group analysis and DCF.
For the full report see: http://www.edisoninvestmentresearch.com/research/company/albioma
The launch of coverage on Albioma is part of a programme of research initiations on renewables companies exposed to global market opportunities. Edison provides detailed research coverage on over 50 industrials, renewables and support service companies in Europe, North America, Australia and New Zealand. Its industrials research team has a range of coverage across small-, mid- and large-cap companies active in subsectors such as aerospace & defence, specialty materials, alternative energy, building materials and industrial support services, allowing a complete understanding throughout industrial supply chains. All reports Edison publishes are available to download free of charge from its website http://www.edisoninvestmentresearch.com.
About Edison Investment Research
Edison, the investment intelligence firm, is the future of investor interaction with corporates. The team of over 100 analysts and investment professionals works with leading companies, fund managers and investment banks worldwide to support its capital markets activity. It provides services to more than 400 retained corporate and investor clients from offices in London, New York, Frankfurt, Sydney and Wellington. Edison is authorised and regulated by the Financial Services Authority (http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584).
Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.
About Albioma
Albioma is an independent energy producer focused on using its ambitious capital expenditure programme to take advantage of the expected demand growth in electricity in its core markets, and in particular the need for renewable energy. It is active in the thermal (biomass/coal), solar and anaerobic digestion power-generation sectors.
For more information please contact: Graeme Moyse, Edison Investment Research, +44(0)20-3077-5700, industrials@edisongroup.com