Soltec Power trades up despite volatility

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By Aidan Gregory
30 Oct 2020

Shares in Spanish solar equipment maker Soltec Power have surged in the aftermarket despite the immense market volatility this week sparked by a surge in coronavirus cases across the European continent, amid huge investor interest in the renewable energy space.

As of Friday morning, Soltec Power was trading at €5.38 on the Spanish Stock Exchanges, up 11.6% from the €4.82 IPO offer price, giving the company a market capitalisation of €498m.

Soltec Power priced its €150m IPO at the top of the range on Wednesday and traded ...

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