London Stock Exchange welcomes Calisen plc to the Premium Segment of the Main Market

London Stock Exchange today welcomes Calisen, a leading owner and manager of essential energy infrastructure assets, to the Premium Segment of the Main Market, trading under the ticker symbol CLSN.L Calisen’s market capitalisation will be approximately £[1,400] million at the commencement of conditional dealings.

Bert Pijls, CEO of Calisen said:
“Joining London Stock Exchange is a landmark moment for Calisen, supporting the next phase of our growth in the expanding smart meter segment. As a leading provider of essential energy infrastructure in Britain, Calisen will continue to play a key part in the UK’s energy transformation to promote the three D’s of UK energy policy; decarbonisation, digitisation and decentralisation.

I am incredibly proud of everyone at Calisen whose hard work and dedication have made the business what it is today, and I look forward to building on Calisen’s strong momentum as a listed company. I would also like to take this opportunity to thank our current shareholder KKR for their support over the last few years and welcome our new shareholders to our business.”

About Calisen
Calisen is a leading owner and manager of essential energy infrastructure assets whose purpose is to accelerate the development of a cleaner, more efficient and sustainable energy segment. Calisen's operations consist of two business units, Calvin Capital and Lowri Beck:

  • Calvin Capital: Through this business unit, Calisen procures, owns and manages a growing portfolio of domestic electricity and gas meters, with a particular focus on smart meters on behalf of energy retailers who make Meter Procurement Charge payments to Calisen on a long-term contracted basis. Having started out providing meter asset ownership and operation for the Big 6 energy retailers, Calvin Capital has successfully diversified its customer base by winning “Meter Asset Provider” contracts with independent energy retailers.
  • Lowri Beck: Following the acquisition of Lowri Beck in August 2019, Calisen gained complementary capabilities to carry out installation, meter reading and maintenance services on behalf of Calisen’s energy retailer customers. As a result, Calisen offers an enhanced “one-stop shop” proposition, which encompasses procurement, installation, ownership and management of meters.

Calisen is a key participant in the government-mandated roll out of an estimated 51.2 million smart energy meters in homes across Great Britain.

For more information on Calisen please visit https://www.calisen.com/

Quick facts

Track
Looking for new and recent issues?

More recent

127.36
London Stock Exchange welcomes Ukraine’s $1.25bn international sovereign bond to the Main Market

London Stock Exchange today welcomes Ukraine issuing its USD1.25bn 6.876% notes due May 2029 to London Stock Exchange’s Main Market. This is an inaugural listing of Ukraine’s sovereign Eurobonds on London Stock Exchange.
 
The new 8-year offering, which marked the first funding exercise of the Sovereign in international debt capital markets in 2021, received bids in excess of

Learn more
122.2
London Stock Exchange welcomes Glantus Holdings PLC to AIM

London Stock Exchange today welcomes Glantus to AIM under the ticker “GLAN”, after it raised gross proceeds of £10m for the Company and a further £4m for shareholders. The Placing Price was 102 pence per share resulting in a market capitalisation of £37m at Admission.

Glantus is a global provider of Accounts Payable (“AP”) automation and analytics solutions. It utilises a technology t

Learn more
45.04
London Stock Exchange welcomes Insig AI Plc to AIM

London Stock Exchange welcomes Insig AI Plc (ticker: INSG), a leading data science and machine learning company serving the asset management industry, to AIM today.

Insig AI joins AIM via a reverse takeover of its listed holding company Catena Group plc (“Catena”).  The new enlarged group is led by Executive Chairman, Matthew Farnum-Schneider, and Chief Executive Officer Ste

Learn more
139.72
London Stock Exchange welcomes Darktrace to the Premium Segment of the Main Market

Darktrace plc, the UK-based, leading autonomous cyber security AI company, has today reached a major milestone in its trajectory of rapid growth as it is admitted to the Premium Listing Segment of the Official List. It is trading on the Main Market of London Stock Exchange, having raised gross proceeds of £165m via a global share offer.  At the placing price of 250p per share, the company

Learn more