Clover aims to list 320m shares in IPOA biomass power plant operated by Clover Power in the northern province of Phitsanulok. Clover Power Plc (CV), a renewable energy power plant developer and operator, plans to issue 320 million shares -- 25% of total common shares -- under its initial public offering (IPO). The company appointed Trinity Securities as a financial adviser to manage IPO shares and the listing of Clover Power on the Stock Exchange of Thailand. Clover Power has three core businesses: renewable power plant development, energy-related businesses -- including maintenance services -- as well as engineering, procurement and construction services. Three are biomass power plants and the other is a waste-fired power plant, with a combined capacity of 26.2MW.
Source: Bangkok Post July 29, 2021 21:00 UTC