Emergya Wind Technologies BV is likely to seek to list via a stock offering in May, a Dutch newspaper reported on Monday.

Quoting a large shareholder, Henk Keilman, the Financieele Dagblad reported that EWT has already started a "formal process" for seeking a listing to raise € 150 million to € 250 million (US$ 220-US$ 367 million). Keilman has previously said the company was worth € 400 million to € 600 million. Emerald Ventures, Impax and Rabo Ventures have invested about € 15 million in the company, which in 2007 with partner Delta built a wind energy farm in the Dutch coastal province of Zeeland. EWT, which is building similar facilities in China, Turkey
Source: Reuters