North Yorkshire fracking firm Third Energy plots £500m stock market float
A fracking firm, which has a licence to drill for shale gas on the North York Moors, is understood to be planning a £500m stock market float.
Third Energy hopes to raise £250m from the move as its owners Global National Resource Investment (GNRI) are believed to have appointed investment bankers from Lazard to explore a listing, according to the Sunday Times.
Third Energy has a licence to drill for shale gas in the vale of Pickering on the North York Moors.
The company is likely to be looking to capitalise on Theresa May's ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...