IPP
, Middle East
Photo from Enlight Renewable Energy.

Enlight Renewable Energy lists on Nasdaq Stock Market

It raised $252m in its IPO.

Israel-based Enlight Renewable Energy has listed its ordinary shares on the Nasdaq Stock Market and launched its initial public offering (IPO) wherein it raised $252m.

In a statement, Enlight said it offered 14 million ordinary shares offered at $18 per share.

READ MORE: Rapid growth seen in Asia’s offshore wind capacity: report

The company has also provided the underwriters with a 30-day option to purchase up to 2.1 million additional ordinary shares at the IPO price, less underwriting discounts and commissions.”

It operates in the solar, wind and energy storage sectors with a total portfolio of 18.6 gigawatts. It operates in Israel, the US, and nine other countries in Europe.

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