We are pleased to share that Solar Equity Venture PLC, sponsored by Solar EPC Development Ltd., has signed an Issue Management Agreement with LankaBangla Investments PLC and Southeast Bank Capital Services Limited to raise long-term capital from the capital market, including through a proposed Initial Public Offering (IPO).
Under the agreement, LankaBangla Investments PLC and Southeast Bank Capital Services Limited will act as Joint Issue Managers for the company’s capital raising activities. Subject to the necessary regulatory approvals, they will also manage the proposed IPO process.
The agreement was signed in Dhaka by Mr. Ezaz Al Qudrat A Mazid, Managing Director of Solar Equity Venture PLC; Mr. Iftekhar Alam, CEO of LankaBangla Investments PLC; and Mr. Md. Mominul Haque, CFA, Managing Director of Southeast Bank Capital Services Limited.
Key Highlight
“This strategic partnership represents an important milestone in our journey…”
Ezaz Al Qudrat A Mazid, Managing Director, Solar Equity Venture PLC
Connecting Clean Energy with the Capital Market
Solar Equity Venture was founded to accelerate Bangladesh’s transition toward a clean, resilient and sustainable energy future. It builds on the experience of its sponsor, Solar EPC Development Ltd., whose team has developed, financed, engineered, built and managed solar projects across Bangladesh since 2018.
Through this partnership, Solar Equity Venture aims to:
- Mobilize long-term capital for renewable energy growth
- Expand its clean energy portfolio across Bangladesh
- Create sustainable value for investors and stakeholders
- Open new opportunities for domestic and foreign investors to take part in Bangladesh’s clean energy sector
We believe that linking renewable energy with the capital market will play an important role in building Bangladesh’s clean energy future.
Together, we look forward to contributing to the growth of Bangladesh’s renewable energy sector and capital market.
Things to check before publishing
- The quote. I kept it short. If you have the original press release, paste the MD’s full statement into the quote block instead.
- Signing date. The Financial Express says the agreement was signed on Sunday in Dhaka, and its article is dated 11 August 2026. By my calendar math that Sunday is 9 August 2026, but I am not certain. Please confirm with the company.
- Photos. Use your own photos from the signing. The images in the Jago News and Financial Express articles belong to those outlets.
- Wording “sponsored by”. I used this because the press release describes Solar EPC Development Ltd. as the sponsor company of Solar Equity Venture. Your EV post used “sister concern” for E-Mobility Venture. Use whichever term the company prefers. thefinancialexpress
- Missing details. Neither source gives an IPO amount or timeline, so I left both out. Jago News says the issue managers will handle the proposed IPO process subject to the required regulatory approval, so I kept that condition in the post. jagonews24
Fact sources
- Joint issue managers: LankaBangla Investments and Southeast Bank Capital Services Limited will work as joint issue managers.
- Signatories: signed by Ezaz Al Qudrat A Mazid, managing director of Solar Equity Venture; Iftekhar Alam, CEO of LankaBangla Investments; and Md. Mominul Haque, CFA, managing director of Southeast Bank Capital Services Limited.
- Track record: Mazid stated that since 2018 the team has developed, financed, engineered, procured, constructed and managed solar projects across Bangladesh.
