ContourGlobal Plans $1 Billion Power IPO in London
- JPMorgan, Goldman Sachs and Rothschild working on share sale
- Potential IPO comes amid a surge in renewable energy interest
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ContourGlobal LP is planning an initial public offering that could raise as much as $1 billion, according to people familiar with the matter, amid a wave of investor interest in renewable energy companies.
The firm has selected JPMorgan Chase & Co. and Goldman Sachs Group Inc. to work on a potential listing in London, the people said, asking not to be identified as the details aren’t public. Rothschild & Co. is acting as financial adviser on the sale, they said. No final decisions have been made and the plans could change, they said.