Foresight Group is pressing ahead with plans to float on the London stock market in a deal that will deliver a multimillion-pound windfall to the founder and senior staff,The renewable energy-focused asset manager, which manages £6.8 billion of investments, is understood to be targeting a £500 million market value with a listing on the main market of the stock exchange. It is owned by Bernard Fairman, 71, its co-founder and executive chairman, and its partners who will enjoy lucrative pay-outs by selling down their stakes in the flotation, while there will also be a smaller offering of new shares. Its plans to list were first revealed by The Times last month and it confirmed its intention to float today. The aim is to have

Source: The Times January 05, 2021 12:00 UTC