Renewables firm Next Energy has this morning announced that it will list on London’s main market.
The company is seeking to raise £300m at an issue price of £1 per share.
Founded in 2007, the investment company has around $2.3 in assets under management around the world.
It invests both in established renewable energy sources and new developments such as hydrogen and battery storage.
It has already set up a fund to focus on operating and new-build solar developments , with a target size of $750m.
Next Energy is targeting returns at a rate of 9-11 per cent per year, with an initial target dividend of 5.5p.
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