Casino: IPO of GreenYellow ahead?

(CercleFinance.com) - GreenYellow plans to invest, over 2021-2025, approximately 1.
9 billion euros cumulatively, leading to an installed capacity of nearly 2.3 GWp of photovoltaic power plants and energy efficiency projects for a volume of more than 1,900 GWh per year by the end of 2025.

In order to finance its investment plan, GreenYellow is studying different financing options and has decided with its shareholders to explore the possibility of an IPO on Euronext Paris.

The deal would include a capital increase, with Groupe Casino, GreenYellow's majority shareholder, set to remain so.

In a particularly buoyant market context for energy transition, GreenYellow continues to accelerate its development and has very strong growth ambitions. A possible IPO would fully contribute to the financing of our ambitions, it said.


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