Sindicatum Renewable Energy files with SEC regarding IPO for yieldco
Written By: Tracy Dawson Roses
June 24, 2015
On June 24, Sindicatum today announced that it confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission relating to the proposed initial public offering of a yieldco vehicle.
Sindicatum Renewable Energy, headquartered in Singapore, develops, owns and operates renewable energy projects in South and South East Asia. Its projects produce clean energy and sustainable resources (biogas, sustainable biomass, water and physical commodities) while reducing greenhouse gases and producing emission reduction credits and other environmental commodities.
The number of securities to be sold and the price range for the proposed offering had not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.