Wednesday, April 2, 2025

UK Energy Services Firm Energys Group Sets US IPO Price at $4.50 Minimum

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Energys Group, a UK-based provider of energy-saving solutions, successfully raised $10 million by selling 2.3 million shares at $4.50 each, the lower end of its anticipated price range of $4.50 to $6.50. The company specializes in retrofitting existing infrastructures with LED lighting systems and offers comprehensive project services, including installation, commissioning, and maintenance, primarily in the UK. Additionally, Energys has a research and development office in Hong Kong, where it sources lighting products for its UK operations. The company is set to list on Nasdaq under the ticker symbol ENGS, with American Trust Investment Services serving as its sole bookrunner for the offering.

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