Doosan Skoda Power AS (Ticker: Pending) is a Czech steam-turbine manufacturer and a unit of South Korea's Doosan Enerbility Co. The company produces steam turbines for nuclear power plants and is focused on growth in the nuclear energy sector.

Doosan Skoda Power AS will list on February 6, 2025, on the Prague Stock Exchange. The offering is managed by Doosan Enerbility, the parent company, which will retain at least 67% ownership. The firm is selling up to 33% of its existing and new shares at the price range of 220-260 koruna ($9.02-$10.66). The expected Market Capitalization at offer is up to 8.3 billion koruna ($340.3 million). The total offer size is 2.53 billion koruna ($103.73 million).

The proceeds from the IPO will be used to finance the expansion of its facilities, invest in research and development related to nuclear energy, and repay debt. The IPO proceeds will also finance Doosan Enerbility’s new investments in large-scale nuclear power plants, small modular reactors (SMRs), and the expansion of gas turbine facilities.