NexGen Energy [XGEN 1.68 pre-IPO] [link] has filed with the SEC to conduct an IPO to raise up to P580 million through the sale of primary shares at P1.68/share with a secondary over-allotment option. XGEN is a renewable energy company (wind and solar), and expects the proceeds of the sale to “partially fund” development of three projects (one solar, two wind). China Bank Capital [CHIB 39.10, up 0.1%; 164% avgVol] is the joint lead underwriter on the deal along with Investment and Capital Corp. of the Philippines. XGEN is a subsidiary of Pure Energy Holdings (PEH), which is headed by Dexter Tiu. PEH is also the parent company of Repower Energy Development Corp [REDC 5.10 unch; 88% avgVol], which was also brought to market with CHIB.