System Integrator Intilion Plans Frankfurt IPO in Q3- Italy June 27, 2023...
Germany-based battery energy storage system (BESS) integrator Intilion is planning to go public with an IPO in the third quarter of the year. Intilion revealed its plans to list shares on the Frankfurt Stock Exchange today (27 June). The initial public offering (IPO) will also include private placements outside of Germany of new shares from a capital increase, and will see current majority shareholder the Hoppecke battery company sell some of its existing ones......energy storage news....
.....6/27/23.....The grid-scale energy storage market in Italy is set to become one of the most active in Europe in the next few years having been close to non-existent until now.
Research firm LCP Delta recently forecast that after annual grid-scale deployments of just 20MW in the last few years, Italy would deploy 800-900MW in 2023/2024, second in scale only to the UK.