Debut for TNE on London Stock Exchange

Biofuels firm TNE has started trading on the London Stock Exchange.
The first couple of days on the Exchange has gone very well for the Portugal-based company operating in the renewable energy sector, focusing on energy transition, biofuels, chemicals, and the bioeconomy.
TNE is positioned as a global supplier of state-of-the-art solutions and projects to enable a faster energy transition and meet decarbonisation goals.
Its business is formed of three complementary business units, which broadly undertake contracting for third-party clients on the construction, installation and maintenance of renewable energy projects and portfolio management of a proprietary portfolio of Projects based on a TNE-specific hybrid biorefinery technology concept from inception to ready to build ("RTB") stage.
José Meneses da Silva Moura, founder & executive chair, commented: “TNE has made significant progress since its incorporation in 2018. The outlook for the renewable energy market, particularly biofuels, is supported by favourable regulatory tailwinds. The fact that TNE is developing its own biorefinery portfolio positions us well to deliver on our next stage of growth as a quoted company.
“TNE’s diversified revenue model and approach to long-term value creation position us strongly to deliver meaningful returns for our new shareholders, and I look forward to providing further updates on our progress in the near future.”