Energía, Innovación y Desarrollo Fotovoltaico, SA (BME:EIDF) entered into an agreement to acquire Grupo ODF for €30 million on March 8, 2022. EiDF will pay €12 million in cash in two tranches and €18 million via an offering of the EiDF stock. EiDF will seek shareholder approval for the acquisition at the next meeting scheduled for April 4.