EnergyWatch

Demand spurs Irish player to increase issue in IPO

Ireland's Greencoat, which owns a series of wind farms, is ready to be listed on the stock exchange. The money will go to expanding the business which is founded on Irish onshore wind.

Photo: PR

Demand has been so high that Greencoat Renewables chose to expand offerings in its upcoming IPO.

Originally, the plan was to sell for EUR 250 million but the company has now announced that the shares have been so popular that the issue has been raised to EUR 270 million, across 270 million shares.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Siemens Gamesa to squeeze GE's flagship out of US market

The ongoing patent lawsuit between GE and Siemens Gamesa stands to greatly backfire for the US giant, which could force players such as Ørsted to find new offshore wind turbines. The power company itself claims this risks leading to ”potentially irreversible” delays on a gigawatt-scale project.

Norway plans to control hydro to safeguard power supply

With the country’s hydroelectric reservoirs now at low levels after a dry spring, Norwegian policymakers consider reducing electricity export to Europe, but any move to do so, barring emergency, must adhere to single energy market regulations, says interest group.

Further reading

Related articles

Latest News

See all jobs