Croatia's net electricity output down 5.6% y/y in April – table
Jun 24, 2022 18:49 CESTMay 9 (Renewables Now) - The material subsidiary of Indian wind turbine manufacturer Inox Wind Ltd (BOM:539083) has received board approval to proceed with an initial public offering (IPO) that could fetch up to INR 9 billion (USD 116.2m/EUR 110.2m).
Inox Green Energy Services Ltd (IGESL), formerly Inox Wind Infrastructure Services Ltd, plans to issue up to INR 5 billion in new equity shares. At the same time, existing stockholders are expected to participate in the offering by selling up to INR 4 billion worth of shares.
The transaction is subject to shareholder approval and depends on market conditions.
The latest announcement comes after in late April IGESL withdrew a Draft Red Herring Prospectus (DRHP) for an IPO of INR 7.4 billion in total. The draft papers were filed with the Securities and Exchange Board of India (SEBI) on February 7, 2022. The firm did not give a reason for the withdrawal.
(INR 10 = USD 0.129/EUR 0.122)
Croatia's net electricity output down 5.6% y/y in April – table
Jun 24, 2022 18:49 CESTWeekly renewables M&A round-up (Jun 20-24)
Jun 24, 2022 17:05 CESTQueensland green hydrogen project gets govt funding for FEED study
Jun 24, 2022 16:45 CESTKKR opens take-private bid for France's Albioma
Jun 24, 2022 16:34 CESTTwo dozen bidders take part in 2-GW Philippine renewables auction
Jun 24, 2022 15:53 CESTIberdrola granted EUR-1bn loan to buy wind turbines in Denmark
Jun 24, 2022 15:24 CEST