MADRID, April 7 (Reuters) - Spanish renewable energy company
Ecoener said on Wednesday it plans to raise about 200 million
euros ($237.42 million) through a stock market listing to pay
for the addition of more capacity to its wind farms, solar
parks, and hydroelectric plants.
The company founded in 1988 is joining a list of Spanish
energy groups aiming to capitalise on investor demand for
environmentally-friendly assets, boosted by international
targets to reduce economic reliance on carbon and stem climate
change.
It has hired Societe Generale as global
coordinator for the deal, with Banco Sabadell,
Caixabank, Credit Agricole and HSBC
as joint bookrunners.
($1 = 0.8424 euros)
(Reporting by Isla Binnie, Editing by Inti Landauro)