3i Infrastructure mulls listed renewable business

London-listed buyout group 3i is set to undertake its second public-to-private transaction in as many months as the private equity investor lines up a bid for a UK-based renewable energy company.

3i Infrastructure, the buyout group’s listed infrastructure fund which floated in March last year, has approached the board of directors of Novera for a possible cash offer, according to a statement to the London Stock Exchange.

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