Calisen finishes first major UK IPO in 2020

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Calisen finishes first major UK IPO in 2020

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A gas ring burns on a ring at a home in west London. British Gas announced that their prices will rise four times the amount of inflation, stating that the days of cheap energy are over. | Chris Young/PA Archive/PA Images

The IPO of Calisen Group, the UK operator of smart meters, is due to be priced at 240p a share according to final messages from boorkunners, slightly below the midpoint of the 225p-265p initial range, valuing the company at £1.29bn.

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