Milan, 22nd.06.2012 – Frendy Energy today lists on Aim Italia – Mercato Alternativo del Capitale, Borsa Italiana’s market dedicated to SMEs.

Frendy Energy is headquartered in Florence with assets in energy production derived from hydroelectric sources. The company was set up in 2006 to develop a mini-hydro electricity business in Italy.

The company successfully raised €2,730,000 giving it a market capitalization of €17,745,000 and a post listing free-float of 29.77 per cent.

 

Source: Borsa Italiana