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Renewable energy firm NexGen Energy Corp. set the final price for its P580-million initial public offering at P1.68 per share.
The offer period will run from July 1, 2024 to July 8, 2024. The shares will be listed on the Small, Medium and Emerging Board of the PSE on July 16, 2024 under the trading symbol “XG”. The company is developing solar and wind projects with a capacity of over 2,350 megawatts over the next 10 years. NexGen was established on June 7, 2017 to be the wind, solar and agriculture technology development arm of Pure Energy Holdings Corp. .
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