Identification

Listing sponsor / Agent

EUROLAND FINANCE

Symbol
ALVEL
ISIN code
FR0010245803
Exchange / Market
Euronext
Trading location
Paris
Products family
Stocks
Market organization
EuronextParis
ICB
Alternative Electricity
Activity description

Velcan Energy specializes in the production of green electricity. The group develops and operates, in India and Brazil, power plants using biomass (agricultural and forest residues) and hydraulic energy.

The group's activity primarily revolves around the production and sale of electricity to local electricity companies or industrial sites.
Velcan Energy can also expect revenues from selling carbon credits (greenhouse gas emission permits marketed to industries in Europe to compensate for their emission quotas).

Website address
www.velcan.fr
Issuer website
www.velcan.fr

Operation

IPO date
Mon 14/03/2011
IPO type

DIRECT LISTING

IPO type
Initial Public offering
Catégorie
IPO