Premier Energy aims to raise 100 mln euros in Bucharest IPO in May

Premier Energy

18/04/2024 07:13

BUCHAREST, April 18 (Reuters) - Bucharest-based energy
group Premier Energy, owned by Czech investment firm Emma
Capital, said on Thursday it aims to finalize an initial public
offering on the Bucharest Stock Exchange in May, pending market
conditions.
    "Premier Energy Group will seek to raise approximately 100
million euros, resulting from a capital increase with the
exclusion of pre-emptive rights," the company, one of the
biggest renewable energy developers in Romania and Moldova, said
in a statement.
         

 (Reporting by Luiza Ilie
Editing by Jason Hovet)
 ((luiza.ilie@thomsonreuters.com; +4021 527 0312; https://www.reuters.com/journalists/luiza-ilie;))