LSE SPAC-I picks up 19% stake in solar firm

MG News | May 12, 2026 at 10:15 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 12, 2026 (MLN): LSE SPAC-I Limited (PSX:SPAC1) has paid Rs230 million to acquire a 19.04% equity stake in Ningbo Green Light Energy Limited, a solar energy solutions provider and EPC company in Pakistan.

The payment was made on May 11, 2026, following the company's successful IPO, in line with what had been disclosed in its prospectus.

Ningbo Green Light Energy Limited, also known as NGLE, is partly owned by Ningbo Green Light Energy Group Company Limited and is described as a leading solar energy solutions and EPC firm operating in Pakistan.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,571.27 436.67M	1.06% 1878.35
ALLSHR	108,600.94 844.23M	1.00% 1073.54
KSE30	53,548.42 162.02M	0.99% 525.53
KMI30	256,725.70 154.74M	0.76% 1936.43
KMIALLSHR	70,620.69 563.61M	0.98% 683.55
BKTi	48,625.03 36.31M	1.37% 658.39
OGTi	37,179.52 8.29M	0.94% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	60,420.00	60,420.00 59,790.00	425.00 0.71%
BRENT CRUDE	73.08	75.13 71.38	-2.18 -2.90%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	1.65 1.46%
ROTTERDAM COAL MONTHLY	126.25	0.00 0.00	0.15 0.12%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	70.24	71.86 68.56	-1.68 -2.34%
SUGAR #11 WORLD	14.55	14.68 14.02	0.45 3.19%