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Premier Energy PLC

Premier Energy PLC (Ticker: PE RO) is a company operating in the energy industry. Premier Energy, based in Cyprus, focuses on renewable energy assets in Romania and Moldova, managing over 1,000 MW of capacity. The company announced an IPO on April 18, 2024. The IPO will list on the Bucharest Stock Exchange on May 28, 2024. Premier Energy is offering 31.25 million shares at an offer price of RON 19.50. The expected market capitalization at offer is RON 2.4 billion. The total offer size is RON 609.38 million (USD 130.47 million). The offering is managed by Alpha Bank/Romania and BT Capital Partners Inc. The company plans to use the funds to develop renewable energy assets and for dividend distribution.

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