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2 clusters · 10 sources · 3 days · First seen · Last updated

Jet Energy IPO on Casablanca Stock Exchange

Overview

Jet Energy, a specialist in solar energy solutions and energy transition, is preparing for an initial public offering (IPO) on the Casablanca Stock Exchange. The Moroccan Capital Market Authority (AMMC) approved the prospectus for the operation on October 21, 2026.

The company plans to issue 2,625,000 new ordinary shares, representing 20% of its post-offering capital, with an indicative subscription price between 125 and 143 dirhams per share. The offering aims to raise between 328.1 million and 375.4 million dirhams.

Subscription is scheduled for November 2 to November 5, 2026, with trading anticipated to commence on November 16 under the ticker NRJ. The capital increase is intended to bolster internal resources to support expansion within Morocco’s renewable energy market. Following the offering, Jet Contractors will remain the controlling shareholder, with its stake diluting from 78.91% to 63.13%.

Entities

Moroccan Capital Market Authority · Mohamed Adil Rtabi · Jet Contractors · Jet Energy · Casablanca Stock Exchange

Timeline

  1. [BUSINESS] 2 sources
    Jet Energy seeks up to MAD 375 million in Morocco IPO

    Moroccan solar specialist Jet Energy has received regulatory approval for an IPO on the Casablanca Stock Exchange, aiming to raise up to MAD 375 million to fund its renewable energy expansion.

  2. [BUSINESS] 8 sources
    JET ENERGY to launch IPO on Casablanca Stock Exchange

    JET ENERGY plans to raise up to 375.4 million dirhams through an IPO on the Casablanca Stock Exchange, with subscriptions scheduled for early November 2026.

Sources

ad-hoc-news.de · africa.businessinsider.com · ar.consonews.ma · article19.ma · businesselitesafrica.com · ceoworld.biz · flasheconomie.com · hnews.ma · lenew.ma · lenouvelliste.ma