Home / Daily Briefs / 2022 / 5 / Omega preps follow-on offering

Omega preps follow-on offering

Omega preps follow-on offering

October 5, 2022 | Thierry Ogier
Brazilian renewable power company seeks up to $240 mln in deal to finance expansion

Corporate & Sovereign Strategy Equity Brazil Capital Markets Wind United States

Brazilian renewable energy company Omega Energia said its board of directors approved a capital increase of up to BRL1.2 billion ($240 million), according to a securities filing issued on Tuesday. The company priced the follow-on offering at BRL16 per share, and intends to sell up to 75.6 million shares, the filing said. The pricing indicates a 50% premium compared with Omega's closing at BRL10.76 on B3, the São Paulo stock exchange, on Monday.  British private equity firm Actis, which acquir

Already have an account?

    Forgot your password?

Free trial

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

Free Trial