AIM IPO of Aggregated Micro Power Holdings plc for £9.5m

Deal typeTransaction Services

The BDO Transaction Services team acted as Reporting Accountant on the recent AIM IPO of Aggregated Micro Power Holdings plc (‘AMP’). AMP finances, develops and operates renewable energy facilities, using small scale, established technologies to convert wood into energy. The capital raised on the IPO will be used to develop and operate Combined Heat and Power (CHP) plants to deliver renewable energy in the form of heat and power; to develop, finance and install Biomass Boiler systems; and for general working capital purposes. AMP raised £9.5m before expenses, giving a market capitalisation on admission of approximately £27.5m.           

“The BDO team helped us through a challenging process. They understood the sector and the issues we faced as a management team and they were flexible in their approach.”   

Mark Tarry, CFO, Aggregated Micro Power Holdings plc