Solarpack ensures that its additional portfolio of projects totaling 2.9 GW worldwide. Solarpack is expected to have a market capitalisation of $295m ( between €260m ) and €306m following its initial public offering (IPO) on 5 December . The company will increase its capital by up to 10% through the sale of 12.5 million to 12.5 million additional shares, at a range of €8 to €10.30. Part of the funds generated from the IPO will be used to acquire 13 MW of operating Spanish assets and to finance the development and construction of projects in Spain , India and Spain .
Solarpack is expected to have a market capitalisation of $295m ( between €260m ) and €306m following its initial public offering (IPO) on 5 December . The company will increase its capital by up to 10% through the sale of 12.5 million to 12.5 million additional shares, at a range of €8 to €10.30. Part of the funds generated from the IPO will be used to acquire 13 MW of operating Spanish assets and to finance the development and construction of projects in Spain , India and Spain .