Renaissance Capital logo

Abengoa Yield prices upsized IPO above the range at $29

June 12, 2014
ABY

Abengoa Yield, which owns renewable and conventional power and electric transmission assets, raised $721 million in an upsized IPO by offering 24.9 million shares at $29, above the range of $25 to $27. Abengoa Yield plans to list on the NASDAQ under the symbol ABY. Abengoa Yield initially filed confidentially on 2/28/2014. Citi, BofA Merrill Lynch, Canaccord Genuity, HSBC, RBC Capital Markets and Banco Santander acted as lead managers on the deal.