Fearnley Securities has given enthusiastic backing to Golar LNG's new IPO for Hygo Energy Transition - and couldn't resist reaching for musical comparisons.
The Brazilian energy specialist was formerly known as Golar Power and is a 50-50 joint venture with Stonepeak Infrastructure Partners.
The investment bank said the new brand is a "rock star name for a rock star company", because - "at least to Norwegian ears" - it calls to mind the young DJ Hygo, analysts Espen Landmark Fjermestad, Peder Nicolai Jarlsby and Ulrik Mannhart said.
