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Integrated Downstream Liquefied Natural Gas Solutions Provider Hygo Energy Transition Files for $100 million US IPO
2020-09-01

CY Seah
Esther Thin

Hygo Energy Transition Ltd, an integrated downstream liquefied natural gas solutions provider, has filed Form F-1 Registration Statement on August 31, 2020 with U.S Securities and Exchange Commission to raise up to $100 million IPO. Pricing terms are yet to announce.

The company serves the market by delivering low cost, environmentally sound energy alternatives to consumers around the world.

The Hamilton, Bermuda-based company was founded in 2016 and booked $44 million in revenue for the 12 months ended June 30, 2020. It plans to list on the Nasdaq Global Select Market under the symbol “HYGO.” Morgan Stanley, Goldman Sachs, Barclays, BTIG, Citi and UBS Investment Bank are underwriters of the IPO.

The company engages Vinson & Elkins L.L.P. as US Securities Counsel, and Ernst & Young LLP as Independent Auditor.

#ipo #nasdaq #hygoenergy #o&g #liquefiednaturalgas #energy

 

 

 

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