Calisen Group revives UK IPO market in 2020

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By Aidan Gregory
09 Jan 2020

Calisen Group, the KKR-backed manufacturer of smart energy appliances, is preparing to raise £300m via an IPO on the London Stock Exchange, having announced its intention to float on Thursday.

The company makes smart meters, the electronic devices that record electricity consumption, which are being promoted by the UK government as a way of helping consumers monitor their energy usage.

Credit Suisse, KKR Capital Markets, Citigroup and HSBC are global co-ordinators on the IPO,

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