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November 13, 2006

EDF's Alt Energy Unit Planning IPO

edfnouvelles.jpg
It's a good time to be floating alt energy companies in Europe- check out the graphic from New Energy Finance (below) and EDF, the French utility which owns a large chunk of the "green" power company, EDF Energies Nouvelles, has noticed it too apparently.
nefipo1.jpg

The French press is reporting that EDF Energies Novelles will announce the details of an IPO planned for later this month that could raise up to €550M to build up the firm's wind, biofuel, hydroelectric and solar plants. The company filed its papers with the AMF, the French equivalent of the SEC, in late September.

Read . EDF Energies Nouvelles : les modalités d'IPO connues dès demain (voila.fr)
Read - Alt Energy Big Swinging (a:c euro)

Posted on November 13, 2006 07:22 AM | Posted to Alternative Energy | IPO | News And Updates | Permalink

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