Neoen SA
NEOEN: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€27.60 | Krh | Jxcszdv |
Partial Sale of Australian Assets Would Likely Be Value-Accretive for Neoen
Business Strategy and Outlook
Listed since 2018, Neoen is a French renewables developer. The historic shareholder is Impala S.A.S., which holds 42% of the capital. This is the holding of French businessperson Jacques Veyrat. As he might eventually sell the stake, Neoen is suitable for a takeover, which fuels a speculative premium.