PRCA Award and our colleagues

Hudson Sandler wins “Best IPO Campaign” Award

We are very proud to receive recognition from the PRCA City and Financial Awards for our IPO support to Hidroelectrica in 2023.

Hidroelectria’s IPO became the largest IPO in Europe in 2023 and the largest ever in Romania, raising around €2bn with an implied market capitalisation of €9.4 billion. It has attracted interest from a wide range of international institutional investors, as well institutional and domestic investors in Romania, providing a boost to the Romanian capital markets.
At a time of increased focus on maintaining energy security in Europe and transition to a low and zero-carbon economy, our campaign focused on Hidroelectrica’s leadership position as a company with a 100% renewable energy portfolio, strong track record of growth and shareholder returns, and robust strategy aligned to the EU’s target of switching to carbon neutral energy production by 2050.

This award is a testament to our decades-long experience working in emerging markets and extensive capital markets and energy sector expertise. And most importantly, it reflects the commitment and hard work of the entire team working on this project to deliver outstanding results for the client.