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Opdenergy IPO expected to price shares at bottom of range

07/21/2022

Less than a minute

2022.07.21 12:29

Opdenergy IPO expected to price shares at bottom of range
FILE PHOTO: Iberdrola’s power generating wind turbines are seen at dusk in Moranchon wind farm in central Spain December 17, 2012. REUTERS/Sergio Perez

MADRID (Reuters) – The expected price of new shares to be issued by Spanish renewable energy company Opdenergy is 4.75 euros, at the bottom of the indicated range, the bookrunner said on Thursday.

The final price will be set on Thursday, with the company expected to start trading on the Madrid stock market on Friday in what will be the first new listing this year.

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07/21/2022

Less than a minute