New Energy Solar Ltd – IPO – Sustainable Investment Business

Categories Securities, Unissued Securities
Sale Type Asking Price
Price Guide AUD Indicative Price Range $1.45-$1.55 per Stapled Securities & Options to raise $100M up to A$200M - ***FULLY SUBSCRIBED***
Status: Closed

Summary:

Award-winning sustainable investment business focused on investing in large-scale solar power plants and associated assets that generate emissions-free power. The Business currently focuses on assets with contracted cash flows in the US and Australia.

The Company and the Responsible Entity are offering to issue new stapled securities to raise between $100M and $200M. For every two Stapled Securities subscribed for, the Responsible Entity will issue one Class A Option and one Class B Option.

 

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