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Australian Energy IPO

Find the Best Global Green IPOs

By Sam Hopkins
Monday, February 25th, 2008

The seas are rough these days for stock IPOs.  In India and China, more than a handful of initial stock offerings have been delayed in the past few months because of market turbulence.  The most prominent Indian IPO to go ahead, Reliance Power, tanked on its February 11 debut, even though the twin factors of India's emerging market status and the international bull market in energy should have sent the share price skyward.

Reliance has now recovered after its dud, closing above its IPO price for the first time on Monday, February 25.  That's good news if you're a Reliance shareholder, but the assumption before the IPO seems to have been that anything that smacks of energy will attract voracious investors.

That's not true, because the news cycle and a fresh year of political change have shifted focus away from the BRIC economies (Brazil, Russia, India, China) to developed countries that are making big energy moves.

These days, I've got my eye focused across the sea from India, in Australia.  New Prime Minister Kevin Rudd has promised hundreds of million dollars in investment in renewable energy and efficiency systems to mitigate his country's negative environmental impact.

All of this follows Rudd's huge first move as PM, which was to sign the Kyoto Protocol.

And that's why the coming IPO of GreenAir, an Australian carbon-credit trading firm, is exciting news for international clean energy investors.

You already know what a vibrant role global growth plays in the renewable energy market place.  China's Yingli Green Energy has delivered shareholder gains hand-over-fist, and Israel's Ormat has set up shop on almost every continent to tap worldwide geothermal energy sources.

So with Green Chip International, we're excited to be able to pursue opportunities like GreenAir, which is expected to fetch about A$500 million (about $463 USD) at its IPO, after raising A$100 in a new round of private financing just announced by Bloomberg.

Cuba after Fidel Castro may become a sugar ethanol hub, China and Germany are just beginning a solar energy market showdown, and Australia is entering a new era of energy potential that creates new markets for carbon while the country stimulates investment in geothermal and other resources.

We're just at the tip of this international bull market for renewable energy, and Green Chip International will lead you to profit around the world, right from the comfort of your home.  Stay tuned for more.

Kind regards,

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Sam Hopkins


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Comments:

Comment by Jack Pratt on 2008-02-26
CPN has 80 green power plants generating 24 billion Watts per hour with 750 million Watts geothermal and the rest clean natgas. IPO was two weeks ago after reorganization to get rid of funding crooks like GS. PE is less than 4 and net earnings greater than 2 billion USD and growing quickly.

Comment by FBerry on 2008-02-26
Nice and comprehensive. Keeping the objective: simple, decisive and clear is the way all articles should be written. We don't want to hear about people flying around and visiting Joshua Tree Forest or
any other gunk.
Nice short, specific and good info.