The offer volume amounts to about €294m ($329.3m) and equates to a market capitalisation of €1.02bn. Senvion will be traded in the prime standard of the regulated market at the Frankfurt Stock Exchange from tomorrow on.
Senvion's owners yesterday relaunched the IPO with a lower share price and volume after they had cancelled it only last week citing market volatility. Senvion had earlier said it wants to use the proceeds from the IPO for its international expansion, in particular through innovations in the low-wind segment.
The
