Initial Public Offerings

To reach the Paris climate goals, massive investments are needed in the energy transition. However, renewable energy sources are volatile, both in terms of supply and price. This means investors looking to finance the transition should take a portfolio approach, argues Paolo Fulghieri, Professor of Finance at the Kenan-Flagler Business School, University of North Carolina….

Equity markets have been making quite a run over the past few years. At the same time, the flow of new companies listing on the exchanges was no more than a trickle. To kickstart the market, typically a big IPO is needed, explains Paolo Fulghieri, the Macon G. Patton Distinguished Professor of Finance at the…