Foresight Group is planning to launch an IPO of up to 50 percent of its issued share capital on the London Stock Exchange, according to S&P Global Market Intelligence.
The offering will consist of shares to be sold by Foresight's existing shareholders and new shares to be issued by the group.
“An IPO of Foresight will support our growth strategy, which involves developing our existing platform, making further acquisitions, and expanding and diversifying both geographically and into new areas of sustainable investment,” said Bernard Fairman, executive chairman and co-founder of Foresight.
He added the firm aims to benefit from the accelerating global stimulus to the renewable energy and infrastructure space and green energy investment trends.
The IPO follows on the heels of the second closing of Foresight Energy Infrastructure Partners (FEI
