Spanish OPDEnergy hires Rothschild for its stock market debut, according to Cinco Días



Several traders look at computer screens at the Madrid Stock Exchange


© Reuters / Andrea Comas
Several traders look at computer screens at the Madrid Stock Exchange

MADRID, Feb 10 (Reuters) – Spanish renewable energy company OPDEnergy has hired investment bank Rothschild to advise it on a possible IPO in Madrid in April or May, newspaper Cinco Días reported on Wednesday.

The company’s management estimates its total market value to be about 1 billion euros ($ 1.21 billion), according to the newspaper.

OPDEnergy did not respond to Reuters requests for comment, and Rothschild officials in Madrid were not immediately available for comment.

(1 dollar = 0.8244 euros)

(Information from Inti Landauro and Isla Binnie; edited by Jason Neely, translated by Michael Susin at the Gdansk newsroom)

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