OREANDA-NEWS. Senvion S.A. (ISIN: LU1377527517) has been listed in the Prime Standard of the Frankfurt Stock Exchange since 23 March 2016. The private placement involved a total of around 18.7 million shares. The total issue volume was approximately €294 million. The initial listing price was €16.00 and the issue price €15.75.

The IPO was run by Deutsche Bank, JP Morgan and Citigroup as joint global coordinators and joint bookrunners, with Baader Bank as designated sponsor on Xetra and specialist on Börse Frankfurt.

Senvion manufactures wind turbines for onshore and offshore use. According to company information, it develops, produces and distributes wind turbines to suit almost any location. Senvion also offers its clients project-specific solutions in areas such as service and maintenance, transport and installation. Systems are designed at the Senvion TechCenter in Osterrönfeld and manufactured in the company's German production facilities in Husum (Northern Friesland), Trampe (Brandenburg) and Bremerhaven, as well as its plant in Portugal. Senvion operates in other European markets such as France, Belgium, the Netherlands, the UK, Sweden, Poland, Romania, Italy and Portugal, as well as further afield in the US, China, Australia and Canada. The company employs some 3,900 people around the world, and has its headquarters in Hamburg.