BUCHAREST, April 18 (Reuters) - Bucharest-based energy

group Premier Energy ( PNRC ), owned by Czech investment firm EMMA

Capital, said on Thursday it aims to secure 100 million euros

($107 million) from an initial public offering (IPO) on the

Bucharest Stock Exchange.

One of the biggest renewable energy developers in Romania

and Moldova, it expects to start trading on the Bucharest bourse

in May.

"Premier Energy Group will seek to raise approximately 100

million euros, resulting from a capital increase with the

exclusion of pre-emptive rights, and its main shareholder ...EMMA

Capital intends to sell existing shares of approximately 25

million euros," the company said in a statement.

Investment banks will start taking stock orders from

investors after the local securities watchdog approves the

prospectus for the share sale.

Premier Energy's ( PNRC ) float is the first energy offering on the

Bucharest bourse since the 2023 listing of state-owned hydro

power producer Hidroelectrica, one of Europe's

largest IPOs.

The company currently has 1,000 MW of green projects under

ownership, management or in development in Romania, evenly split

between wind and solar and across the country. In March, it told

Reuters it aims to boost its renewable energy portfolio to 1.5

GW over the next two to three years.

It built 10 MW of solar power in Moldova last year and is

looking to add another 20 MW in 2024. The company also supplies

and distributes energy, being the third largest gas distributor

in Romania and the largest electricity supplier and distributor

in Moldova.

Premier Energy ( PNRC ) began operating in Romania over a decade ago

and its revenue has grown from 13 million euros to roughly 900

million euros in 2023, including through 25 acquisitions.

"As the largest renewables production manager and aggregator

of solar and wind plants in Romania and Moldova, Premier Energy

Group is well placed to benefit from the forecasted growth of

renewables in the region and to build on our transformational

recent acquisition of CEZ Vanzare and our successful track

record of accretive acquisitions," CEO Jose Garza said.

($1 = 0.9359 euros)

(Reporting by Luiza Ilie

Editing by)