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

London Stock Exchange welcomes Softline to Main Market

London Stock Exchange today welcomes Softline, a leading global solutions and services provider in digital transformation and cybersecurity, to the Standard Segment of the Main Market of London Stock Exchange trading under the ticker symbol SFTL.

Softline's objective is to help improve business performance and quality of life through the most effective use o

Learn more
London Stock Exchange Welcomes Invesco celebrating the launch of Nasdaq-100 ESG UCITS ETF

Today, London Stock Exchange welcomes Invesco for the newest addition to the Invesco Nasdaq Innovation Suite, a new Environmental, Social and Governance (ESG) ETF: the Invesco Nasdaq-100 ESG UCITS ETF.

The Nasdaq-100 index has long been associated with growth and innovation, including many of today’s leading-edge companies, such as Apple, Amazon, Netflix and

Learn more
36.52
London Stock Exchange welcomes Tungsten West to AIM

Tungsten West Plc (“Tungsten West” or “the Company”) is a UK based company focussed on recommencing production at the Hemerdon tungsten and tin mine (“Hemerdon” or the “Project”) in Devon, England.

The Hemerdon mine is the world’s third largest Tungsten resource, had over £170m spent on it via the previous operator and has a mine life of 18.5 years. The Company is focused on rebuildin

Learn more
139.92
London Stock Exchange welcomes the Republic of Korea’s Sovereign Green Bond to the Sustainable Bond Market

London Stock Exchange today welcomes the Republic of Korea issuing their €700mn -0.053% note due October 2026 to London Stock Exchange’s International Securities Market. The deal was more than 6 times oversubscribed, receiving bids in excess of €4.2bn from over 150 accounts.

The €700mn 5-year tranche is Korea’s debut green bond and it was admitted yesterday to our Sustainable Bond Mar

Learn more