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WindForce shares off to a strong start on CSE April, 21, 2021 The shares of WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, will commence trading on the Main Board of the Colombo Stock Exchange (CSE) from the 22 nd of April 2021 onwards, following its  highly-successful Initial Public Offering (IPO). The strong showing of the shares on the opening days of trading highlights the investors’ confidence in Sri Lanka’s biggest and fastest growing producer of renewable energy. The WindForce Limited IPO of Rs. 3.2 Billion, the largest at the CSE since ...

WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, has announced an Initial Public Offering (lPO)  that aims to raise Rs.3.24 billion to fund its strategic expansion and growth in the renewable energy sector. The IPO offers 202,615,341 ordinary voting shares at Rs.16 per share and aims to raise Rs.3,241,845,456. The Joint Managers and Financial Advisors to the issue are CT CLSA Capital (Pvt) Limited and Capital Alliance Partners Limited. WindForce has been issued a [SL] AA- (stable) credit rating by ICRA Lanka, which is the highest rating given to a co...