Innogy tightens IPO pricing towards top end of range

Aidan Gregory

October 05, 2016 05:30 pm

Gwynt-y-Mor wind farm 230x150 — Prestatyn, United Kingdom. 26th February 2014 -- Survey vessels working on the Gwynt Y Mor wind farm off the North Wales coast have found unexploded bombs on the sea bed. -- Unexploded bombs thought to be dating back to World War II have been discovered near the Gwynt y Mor wind farm, off the North Wales Coast. Wind farm developers RWE Innogy UK are preparing to remove the explosives from the sea bed. Explosives discovered at North Wales wind farm | Geoff Abbott / Demotix/Demotix/Press Association Images

The IPO of Innogy, RWE’s renewables, retail and grids business, is set to be priced in the top quarter of its initial range and is covered at the maximum deal size.

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Aidan Gregory