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Neoen SA ( (FR:NEOEN) ) just unveiled an announcement.
Brookfield Renewable Holdings SAS has increased its offer price for Neoen’s 2022 OCEANEs as part of a simplified tender offer. The offer for Neoen shares and 2020 OCEANEs remains unchanged, with the updated proposal to be reviewed by the French financial markets’ authority. This move by Brookfield, which holds a significant portion of Neoen’s shares, is part of its strategic investment in the renewable energy sector.
More about Neoen SA
Founded in 2008, Neoen is a leading independent producer of exclusively renewable energy, specializing in solar power, wind power, and storage. The company plays a significant role in the energy transition by providing competitive, green energy across four continents. Neoen’s notable projects include major solar and wind farms and large-scale storage plants. Aiming for growth, Neoen targets 10 GW in operation or under construction by 2025 and is listed on the Euronext market in Paris.
YTD Price Performance: -0.25%
Average Trading Volume: 130
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €6.07B
See more data about NEOEN stock on TipRanks’ Stock Analysis page.
