Filipino renewable energy firm NexGen Energy Corp. sets IPO price at P1.68 per share, raising P579.6M for solar and wind projects.

Filipino renewable energy firm NexGen Energy Corp. sets final IPO price at P1.68 per share, raising approx. P579.6M with P75.6M from option shares. The company plans to use proceeds to fund solar and wind projects, and develop or acquire renewable energy projects. The IPO offer period runs from July 1-8, 2024, with stock listing on the Philippine Stock Exchange's Small, Medium, and Emerging Board on July 16.

June 26, 2024
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