According to the New Zealand Exchange disclosure documents, the New Zealand solar power plant operator Lodestone Energy plans to be listed and traded on the New Zealand Stock Exchange next month through an IPO. Lodestone indicated earlier this month that it is considering moving ahead with an IPO and opening a register of intentions. According to the New Zealand Exchange, the offering is expected to open on September 29, and the listing date is set for October 22. According to New Zealand Exchange documents, Lodestone's shares may exceed 206 million shares after issuance, with a reference issue price of NZ$2.25 per share. According to a statement on the company's official website, it plans to raise 75 million to 100 million New Zealand dollars through the issuance of new shares. There are no transfers of old shares in this offering. “The funds raised will be used to build new solar power plants, expand the customer base, and general business use.”

According to the New Zealand Exchange disclosure documents, the New Zealand solar power plant operator Lodestone Energy plans to be listed and traded on the New Zealand Stock Exchange next month through an IPO. Lodestone indicated earlier this month that it is considering moving ahead with an IPO and opening a register of intentions. According to the New Zealand Exchange, the offering is expected to open on September 29, and the listing date is set for October 22. According to New Zealand Exchange documents, Lodestone's shares may exceed 206 million shares after issuance, with a reference issue price of NZ$2.25 per share. According to a statement on the company's official website, it plans to raise 75 million to 100 million New Zealand dollars through the issuance of new shares. There are no transfers of old shares in this offering. “The funds raised will be used to build new solar power plants, expand the customer base, and general business use.”