NexGen mulls IPO this July 2024 despite volatile market

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 41 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 86%

Energy Industry News

Initial Public Offerings,Renewable Energy,Business

NexGen Energy Corporation president Eric Roxas admits that the market is 'quite slow,' but is confident that the local market can absorb the risks

This is AI generated summarization, which may have errors. For context, always refer to the full article.

MANILA, Philippines – A subsidiary of Pure Energy Holdings Corporation is planning to go public this year amid volatile market conditions that have spooked other companies from pushing ahead with similar fundraising efforts. “Yes, the market is quite slow, but this is just a small issue and we feel that this can easily be absorbed by the local market,” NexGen Energy Corporation president Eric Roxas said in a text message to Rappler.NexGen is developing solar and wind power projects with a capacity of over 2,350 megawatts over the next 10 years.

SPARC or Solar Powered Agri-Rural Communities Corporation: Currently operates three solar farms in Zambales, Bataan, and BulacanAirstream Renewables Corporation: Has a pipeline of up to 1,330 megawatts of onshore and offshore wind projects

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ENERGY

Energy Energy Latest News, Energy Energy Headlines