Foresight Group is considering listing on the London Stock Exchange.
The company manages £6.8bn (€7.41bn) of assets in the form of 292 of infrastructure investments and 104 private equity investments.
The company said it would apply for a premium listing on the main market, primarily through a sale of shares by existing shareholders and a smaller offering of new shares.
Foresight’s £6.1bn infrastructure arm is the largest part of the business, representing more than 90% of assets under management.
Foresight Infrastructure focuses primarily on solar and onshore wind assets, bioenergy and waste, as well as renewable energy enabling projects, such as flexible generation and battery storage, energy efficiency management solutions, social and core infrastructure projects and sustainable forestry assets.
This week the company annnounced it had acquired three greenfield solar assets in the Andalusia region of Spain. Total expected transaction costs are expected to amount to €72m once construction is completed and include the acquisition of development rights for approximately €15m.
Last year, Foresight acquired Pensions Infrastructure Platform, a £1.8bn UK-focused asset manager created by and for pension funds.
Bernard Fairman, executive chairman and co-founder, said Foresight’s “significant recent growth and consistently strong performance over many years, together with the many highly attractive opportunities that are opening up across our markets, make listing the company on the London Stock Exchange the logical next step”.
He added: “As one of Europe’s most established renewable energy and infrastructure investors, Foresight is extremely well-positioned to benefit from the accelerating global stimulus to the renewable energy and infrastructure markets and the huge boost it will provide to green energy investment.”