Premier Energy raised RON 695 million (EUR 140 million) in Romania's largest IPO for an entrepreneurial company in 5 years, with EBRD investing 11%.
Premier Energy's shares increased by 5% on their debut on the Bucharest Stock Exchange, raising RON 695 million (EUR 140 million) in an initial public offering (IPO) between May 8 and 15. This is the largest IPO for an entrepreneurial company in Romania in the past 5 years. The EBRD invested 11% of shares offered at the IPO, bringing a 3.2% ownership stake in Premier Energy, which will support investments in renewable energy generation capacity in Romania and Moldova.
May 28, 2024
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