Ecoener IPO meets headwinds, covered at reduced size

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By Sam Kerr
28 Apr 2021

Ecoener, the Spanish renewable energy company, reduced its IPO on the Spanish stock exchange to €100m on Wednesday, as it became the latest deal to face difficulty in the European IPO market.

The Spanish firm had hoped to raise up to €200m to spend on new projects, including a number of wind and solar investments, but on Wednesday announced it was reducing the deal to €100m.

GlobalCapital understands from a source close to the transaction that the deal is ...

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