Enlight Renewable Power has filed for an preliminary public providing (IPO) to listing its odd shares on the Nasdaq inventory market within the US.
The Israeli unbiased energy producer (IPP) filed the applying on 20 January to the US Securities and Trade Fee, with a view to itemizing on Nasdaq underneath the image ‘ENLT’. Enlight already trades on the Tel Aviv inventory trade underneath the identical image.
The variety of shares and the worth of the proposed providing are but to be revealed.
Barclays, JP Morgan and BofA Securities will act as lead book-running managers.
Enlight is likely one of the main photo voltaic suppliers in Israel, in addition to having lively initiatives in Europe and the US. Considered one of its largest Israeli photo voltaic PV crops was lately repowered by German EPC service supplier Belectric.
Within the US, the corporate acquired photo voltaic and storage developer Clēnera for US$433 million in 2021 together with its 1.6GW utility-scale photo voltaic portfolio.
