Power firm Essent considers IPO

Local-government owned energy concern Essent is considering a stock market listing once it has fully separated its grids from its commercial (production, supply, trading) activities, says company chief Michiel Boersma in the latest issue of the in-house newsletter.

Such a move would allow the commercial arm to attract extra capital and give existing local government shareholders the opportunity to pull out gradually from the company, he says.

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