The merger is expected to be finalised by the end of the week, with the new company trading on the Frankfurt Stock Exchange by 8 October.
Shares will initially trade at €10 each, although the amount that will be released to the public remains unclear, an Electrawinds spokeswoman tells Recharge.
In addition to providing Electrawinds with a large slug of fresh financing to pursue new projects, becoming publicly listed will also make it easier to pursue future mergers or acquisitions, she adds.
Electrawinds’
