Cindrigo Holdings Limited Admission to the Main Market of the LSE
October 2025
Cindrigo is a renewable energy company built on broad sector expertise that is focused on building a high capacity, clean baseload power generation portfolio across Europe. This includes a 110 MW ready built Biomass combined heat and power plant in Kaipola, Finland and three geothermal energy projects in the Upper Rhine Valley of Germany, which have an initial target of c.80 MW, and a combined target installed potential capacity exceeding 300 MW, encompassing both geothermal power and heat generation.
Beyond this, the Company maintains an active development strategy with several additional renewable energy projects and licenses under evaluation.
Admission to the Main Market of the LSE
First day dealings commenced on 31st October 2025, when the Company raised gross proceeds of £2,061,239 by way of the issuance of 13,499,994 Placing Shares, plus 3,677,000 Subscription Share and Admission of the Enlarged Ordinary Share Capital to listing on the Equity Shares (Commercial Companies) category of the Official List and to trading on the Main Market of the London Stock Exchange.
The Perivan shareholder communications team was delighted to work with Beaumont Cornish who acted as Sponsor, Capital Plus Partners Limited who acted as the UK Broker and McCarthy Denning Limited who acted as Legal Adviser to Cindrigo on the 282-page Prospectus.
For further information, click here.
Perivan is the market leader for IPO admission document production and specialise in producing and publishing financial documents relating to shareholder and investor communications for quoted companies, private companies, and open and closed-ended funds.