Rio Energy plugs in IPO plans

Rio Energy plugs in IPO plans

Corporate & Sovereign Strategy Equity IPO Capital Markets Energy Rule 400 Latin America South America Brazil Solar Wind

Brazilian renewable energy company Elétrica Rio Energy filed to make an initial public offering (IPO) late Wednesday and said it will use the proceeds to finance organic growth and acquisitions. Rio Energy hired Itaú BBA, Bank of America, UBS BB and Bradesco BBI to coordinate the primary and secondary offerings on the Novo Mercado segment of the B3 stock exchange in São Paulo, according to a preliminary prospectus. The renewable energy company, owned by US private equity firm Denham Capital, sai

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial