Article
ABG Sundal Collier acted as Joint Global Coordinator and Joint Bookrunner in connection with the NOK 400 million private placement of new shares in Edda Wind
Transactions
On Tuesday 25 June 2024, Edda Wind announced the successful completion of a private placement of 17 million new shares at a fixed price of NOK 23.50 per share, generating gross proceeds of approximately NOK 400 million. The net proceeds are intended to revitalise the Company’s liquidity position following a period of unscheduled offhire and operational setbacks. Following the private placement, Edda Wind will have a liquid and strong balance sheet enabling the Company to explore further growth and accretive opportunities.
ABG Sundal Collier acted as Joint Global Coordinator and Joint Bookrunner in the transaction.