Tuesday 5 November 2024
 
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Phoenix Power

Phoenix Power $146m IPO heavily oversubscribed

The flotation of Phoenix Power Co, owner of Oman's largest power plant, has been heavily oversubscribed, attracting over RO1 billion ($2.6 billion) of bids from investors, the state-run Oman News Agency (ONA) reported on Sunday.

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Phoenix Power $146m IPO heavily oversubscribed

The flotation of Phoenix Power Co, owner of Oman's largest power plant, has been heavily oversubscribed, attracting over RO1 billion ($2.6 billion) of bids from investors, the state-run Oman News Agency (ONA) reported on Sunday.

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Oman's Phoenix Power launches $146m IPO

Oman's Phoenix Power Co, owner of the sultanate's largest power plant, has opened subscription for an initial share sale that would raise RO56.3 million ($146.3 million) from a 35 per cent stake, the Times of Oman newspaper reported on S

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Phoenix to bid for 3.2GW Oman power projects

Phoenix Power Company is set to bid for two new power projects in the Ibri and Sohar regions of Oman, which on completion will have a capacity to generate 3.2 gigawatts (GW) of power, said a report. A major player in Oman's ut

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