NexGen: Proceeds of IPO to bankroll expansion plan

Quick Summary:

The share price of NexGen Energy Corp., a renewable energy company with a basket of solar and wind service contracts, made little gains during its debut at the Philippine Stock Exchange (PSE).

These companies currently produce only 13.86 megawatts of capacity.

Funds raised from this IPO will be used by the company to carry out its growth plans.

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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets: Philippines

Topics: Energy Company Companies Wind Nexgen Renewable Solar Price Debut Corp Projects

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 16:07:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 424 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21654992

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

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News Last Updated: 11 hours ago

Coverage Areas: Philippines

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