Solar PV developer Cox Energy America targets dual listing on Spanish stock exchange

Facebook
Twitter
LinkedIn
Reddit
Email
Cox Energy America hopes the listing would provide it with greater access to capital markets. Image: Pixabay.

Solar developer Cox Energy America, a subsidiary of Spanish firm Cox Energy, is to list on the Spanish stock exchange as it eyes dual listing and enhanced growth prospects.  

Announced last week to its shareholders, the listing will see Cox Energy America gain better access to capital markets via the Bolsas y Mercados Españoles (BME) Growth stock exchange, a sub-market of Spanish company BME that organises the Spain’s national stock exchange.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The authorisation to list was given during the company’s General Shareholders’ meeting held on 16 November.

“Cox Energy America’s dual listing will allow us to access to a greater number of investors, increasing the visibility and marketability of the stock and thus, we will be able to offer a greater return to our shareholders,” said José Antonio Hurtado de Mendoza, CEO of Cox Energy America.

Cox Energy America was the first photovoltaic solar energy company to be listed on a Latin American stock exchange when it listed on the Mexican Institutional Stock Exchange (BIVA), according to a company statement.

“I am convinced that the Company has the talent, structure and tools necessary to be able to operate actively in both the Mexican and Spanish stock markets,” said Mendoza, adding that the company would “continue to seek capitalisation options that guarantee our growth”.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
March 19, 2024
Texas, USA
Solar Media Events
March 26, 2024
Lisbon, Portugal
Solar Media Events
April 10, 2024
Dallas, Texas USA