Renewable energy company Green & Smart appoints Luther Pendragon to support float

Green & Smart, a Malaysian renewable energy company that generates power from biogas, has brought in Luther Pendragon to support its planned IPO on London’s AIM.

Green & Smart will use the proceeds of the float to enhance its “credibility and profile” in the renewables industry by providing funding for the construction of two biogas power plants in Asia. The business uses these power plants to captures gases from palm oil mills in Malaysia to produce electricity.

The company expects to start trading on London’s junior market in Q1.

Harry Chathli, Claire Norbury and Alexis Gore make up the Luther Pendragon team on the brief.

Sivadas Kumar, group CEO & finance director of Green & Smart, said: “Luther has been an invaluable advisor throughout the IPO process to date, assisting in preparing us for our forthcoming roadshow and driving our communications strategy.

“We look forward to successfully completing the IPO, and to working with Harry and his team to manage our media and investor relations going forward as a listed company.”