Burj Clean Energy Modaraba
Initial Public Offering
PKR 100 Million
Lead Manager & Book Runner
2024
Description of Transaction:
- AHL acted as the Advisor to the Issue for Burj Clean Energy Modaraba and successfully completed the Initial Offering by raising PKR 100 Million for the Company.
- Fixed Price was PKR 10/Certificate
About the Issuer:
- BCEM is a Modaraba focused on investing in and managing renewable energy projects, including solar, wind, energy storage, and energy efficiency solutions across Pakistan.
- It provides financing solutions through a Power Purchase Agreement and/or Equipment Rental Agreement on a Build-Own-Operate-Transfer mode.
- Established through the collaboration of experienced industry leaders, BCEM offers sustainable energy solutions to commercial, industrial, and residential clients.