Norton Rose advises Good Energy on admission to AIM
1 August 2012
International legal practice Norton Rose LLP has advised Good Energy Group PLC on its admission to trading on AIM and £4 million placing of new ordinary shares. The placing, conducted by nominated adviser and broker N+1 Brewin LLP, gave Good Energy Group PLC a market capitalisation of £10.6 million on admission.
Good Energy Group PLC is the owner of Good Energy Limited, the UK’s leading 100 per cent renewable electricity supplier. The company and its subsidiaries supply renewable electricity to approximately 30,000 domestic and commercial customers, gas to approximately 6,700 domestic customers and support a growing community of approximately 38,500 independent green power generators across the UK.
The Group also has a renewable electricity generation business which includes a 9.2MW operational wind farm in Cornwall, and a proposed 4.6MW wind farm in Aberdeenshire, currently in planning.
Good Energy Group PLC had been trading on the PLUS Market prior to its admission to AIM.
The Norton Rose LLP team advising on the deal was led by London based corporate partner Stephen Rigby, assisted by Caroline-Lucy Moran and Fay Stavrou.
For further information please contact:
Gavin Collins, PR manager, Norton Rose LLP
Tel: +44 (0)20 7444 2466; Mob: +44 (0)7770 650 113
Notes for editors:
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