The VH Global Sustainable Energy Opportunities Trust (GSEO) has raised £242.6m from its initial public offering, falling sort of the £400m it had aimed to secure from investors.
GSEO, run by investment adviser Victory Hill Capital Advisors, will start trading on the London Stock Exchange on 2 February. Chair Bernard Bulkin said the board was "very pleased with the strong, broad-based response from investors to the proposition". "It reflects the confidence from the investment community in the high calibre team at Victory Hill, our investment advisors," he added. "We have an excellent pipeline of projects which will now move forward, playing our part in the energy transition." Ship shape and ready to float? IPO market picks up but headwinds remain for small ...
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