Soltec Power trades up despite volatility

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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