Helios Photovoltaic is heading to Europe — and it’s brought a listing partner with it.

The Malaysian renewable energy company submitted its prospectus for a planned initial public offering (IPO) on the Frankfurt Stock Exchange in March 2026, with the offering targeted for May 2026. To get there, Helios has appointed SMC Investmentbank AG as its listing bank — a Germany-based capital markets firm specialising in small and mid-cap transactions, with a track record in IPOs and capital market advisory.

The move signals that Helios is no longer just a local player. Net proceeds from the IPO will go toward expanding its solar energy projects across Europe and Asia, with key markets identified as Germany, Malaysia, Singapore, and Cambodia.

The Frankfurt listing is a strategic fit. Germany has one of the most active renewable energy investment ecosystems in Europe, and listing there puts Helios in front of institutional investors already primed for clean energy exposure. It also gives the company access to capital markets that can support the kind of infrastructure-scale projects it’s building — like the RM5.5 billion Helios Solar Park in Kelantan.

For a Malaysian solar company to list on a major European exchange is still relatively rare. If the IPO goes through, it would mark a significant milestone — not just for Helios, but for the broader Malaysian renewable energy sector looking to attract international capital.