Omega preps follow-on offering

Omega preps follow-on offering

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

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