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.

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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.

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