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NexGen mulls IPO this July 2024 despite volatile market

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Energy Industry News

Initial Public Offerings,Renewable Energy,Business

NexGen Energy Corporation president Eric Roxas admits that the market is 'quite slow,' but is confident that the local market can absorb the risks

This is AI generated summarization, which may have errors. For context, always refer to the full article.

MANILA, Philippines – A subsidiary of Pure Energy Holdings Corporation is planning to go public this year amid volatile market conditions that have spooked other companies from pushing ahead with similar fundraising efforts. “Yes, the market is quite slow, but this is just a small issue and we feel that this can easily be absorbed by the local market,” NexGen Energy Corporation president Eric Roxas said in a text message to Rappler.NexGen is developing solar and wind power projects with a capacity of over 2,350 megawatts over the next 10 years.

SPARC or Solar Powered Agri-Rural Communities Corporation: Currently operates three solar farms in Zambales, Bataan, and BulacanAirstream Renewables Corporation: Has a pipeline of up to 1,330 megawatts of onshore and offshore wind projects

Source: News Formal (newsformal.com)

Initial Public Offerings Renewable Energy Business Corporate Stocks &Amp Banking

 

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