Non-banking financial company Five Star Business Finance and solar energy player Waaree Energies have received capital markets regulator Sebi’s go-ahead to raise funds through initial share-sales. The two companies, which filed their preliminary IPO documents with Sebi between September and November, obtained its “observations” letter during January 3-7, an update with the regulator showed on […]
JinkoSolar’s Subsidiary Jinko Solar Co., Ltd.’s Updated IPO Prospectus and Indicative IPO Timetable Published by the Shanghai Stock Exchange – EQ Mag Pro
SHANGRAO, China : JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, is in the process of applying for an initial public offering (“IPO”) of the Company’s principal operating subsidiary, Jinko Solar Co., Ltd. (“Jiangxi Jinko”), on the Shanghai Stock Exchange’s […]
The Hottest Energy Storage IPOs In 2022 – EQ Mag Pro
Battery storage has become one of the hottest renewable energy niches UBS estimates that the United States energy storage market could grow to as much as $426 billion over the next decade Both start-ups and larger battery companies are pulling in billions of dollars to fund ambitious expansion plans One of the biggest electric-vehicle battery […]
LG Energy Solution opens books for South Korea’s largest IPO at up to $10.8 bln – EQ Mag Pro
HONG KONG : Korean battery maker LG Energy Solution has opened the books to investors to raise up to $10.8 billion in the country’s largest initial public offering (IPO), according to a term sheet seen by Reuters. The shares will be sold in a price range of 257,000 won to 300,000 won ($216.19-$252.36) apiece to […]
SPNEC readies land for solar capacity beyond 500 MW – EQ Mag Pro
SOLAR PHILIPPINES Nueva Ecija Corp. (SPNEC) on Wednesday said it is preparing a 1,000-hectare land as it gears up for a joint venture with an unnamed company to expand the capacity of its solar farm beyond 500 megawatts (MW). “We are preparing an initial 1,000 hectares for a joint venture with a partner who can […]
Battery maker LG Energy Solution gets preliminary approval for IPO – EQ Mag Pro
A supplier to Tesla Inc, General Motor Co and Hyundai Motor Co, among others, LGES filed for a review of its IPO plans in June…Read More…
Biggest Saudi IPO Since Aramco Jumps 30% on Trading Debut
ACWA Power International surged on its debut in Riyadh after raising more than $1.2 billion in the biggest Saudi Arabian listing since Aramco’s two years ago. The utility jumped by the 30% daily limit to 72.80 riyals on Monday as investors flocked to a business seen as key to Saudi Arabia’s efforts to diversify from […]
Biggest Saudi IPO Since Aramco Jumps 30% on Trading Debut
ACWA Power International surged on its debut in Riyadh after raising more than $1.2 billion in the biggest Saudi Arabian listing since Aramco’s two years ago. The utility jumped by the 30% daily limit to 72.80 riyals on Monday as investors flocked to a business seen as key to Saudi Arabia’s efforts to diversify from […]
Volvo plans $2.9B IPO to fund electric vehicle plans – EQ Mag Pro
Stockholm : Swedish automaker Volvo said Monday it plans to raise at least 25 billion kroner (USD2.9 billion) by selling shares to fund its electric vehicle transformation strategy. Volvo and its parent company, Chinese carmaker Geely, have applied to hold an initial public offering on the Nasdaq Stockholm. The money raised from the IPO will […]
JinkoSolar Provides Updates on Jinko Solar Co., Ltd.’s Proposed IPO in China – EQ Mag Pro
SHANGRAO, China : JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, provided updates on the status of the proposed initial public offering (“STAR Market IPO”) and listing of the shares of its principal operating subsidiary, Jinko Solar Co., Ltd. (“Jiangxi […]