SB Energy IPO
SB Energy IPO: what UK investors need to know
SB Energy is a power-first, community-focused infrastructure company purpose-built for the AI economy.
The firm has filed the paperwork for an Initial Public Offering (IPO) in the US.
If the IPO goes ahead, we expect UK investors to be able to take part – you can open an account in preparation.
Important information - We do not offer advice on the suitability of any IPOs or bond launches for you. Like any investment, there are risks and it is vital that you have all the information you need to make an informed decision. Any decision to invest in an IPO, share offer or bond launch should be made solely on the basis of the information contained in the Prospectus, and any supplement thereto. Investing for 5+ years increases your chances of positive returns compared to cash savings. But investments rise and fall in value so you could get back less that you put in.

Important information - We do not offer advice on the suitability of any IPOs or bond launches for you. Like any investment, there are risks and it is vital that you have all the information you need to make an informed decision. Any decision to invest in an IPO, share offer or bond launch should be made solely on the basis of the information contained in the Prospectus, and any supplement thereto. Investing for 5+ years increases your chances of positive returns compared to cash savings. But investments rise and fall in value so you could get back less that you put in.
The infrastructure powering AI
Few sectors are attracting as much interest as AI. But investment opportunities extend well beyond the software itself.
Growing demand for computing power is fuelling investment in data centres, energy infrastructure and storage solutions, putting the spotlight firmly on businesses enabling the next wave of growth.
McKinsey estimates that meeting demand for AI could require around $6.7 trillion of global data centre investment by 2030.

About SB Energy
SB Energy is a power-first, community-focused infrastructure company purpose-built for the AI economy. They develop, build, and own gigawatt-scale data centre and power capacity, addressing the industry's primary bottleneck and accelerating speed-to-compute.

How to get ready
If the SB Energy IPO goes ahead, we expect UK investors to be able to take part. If you are thinking of investing, there are steps you can take to get ready in advance.
Sign up for alerts
We’ll keep you in the loop with details of the SB Energy IPO.
Open an account
To apply for any IPO, you’ll need an investment account.
Complete a W-8BEN form
Before you can buy US shares through HL, you need to complete a W-BEN form.
See the bigger picture
As the UK’s #1 choice for IPOs, we’re here to help you filter through the noise.
Learn more about IPOs.
Are IPOs right for you?
Investing in individual shares as part of an IPO isn’t right for everyone. Investments rise and fall in value, so you could get back less than you invest. Before you invest, you should make sure:
Any shares you own form part of a diversified portfolio.
You're happy to invest for the long term - we suggest at least five years.
Any decision to invest is based on the prospectus and disclosure summary. Specific risks will be detailed in the disclosure summary.
You understand the nature of an IPO. Companies won’t always have a long track record and can therefore be difficult to value or price.
You’re comfortable that you won’t know the purchase price in advance of the IPO.
By covering or mentioning an IPO, we are not endorsing the issue or attempting to generate interest in the listing. This isn’t personal advice. If you’re not sure what’s right for you, ask for advice.

SB Energy IPO FAQs
Common questions about the rumoured SB Energy IPO.
No, it’s free to take part. We don’t charge dealing or foreign exchange fees to participate in an IPO.
Once you hold the shares, our annual management and dealing charges apply as normal. Dealing charges to sell investments apply.
An S-1 is a detailed disclosure document that tells investors everything they need to know before buying shares in a company.
They typically include:
Business overview – what the company does and its strategy
Financial statements – revenue, profits, losses, cash flow
Risk factors – all major risks (competition, regulation, etc.)
Management team – executives and board members
Use of proceeds – how the IPO money will be used
Ownership structure – who owns what before and after the IPO
Trusted by 2 million
Our clients trust us with over £172bn of their savings and investments.
45 years' experience
Since 1981, we’ve helped Britain invest through it all.
Award-winning service
Over 200 awards, including 'Best Investment App' and 'Best for Customer Service' for 2025.
We've won over 200 awards for our services




THIS IS AN ADVERTISEMENT AND NOT AN OFFER OF SHARES. IT IS DIRECTED ONLY AT PERSONS TAX RESIDENT AND LOCATED IN THE UK AND IS NOT FOR DISTRIBUTION IN THE US. Share prices may go down, you may get back less than you put in.
If Marex Financial offers shares in the Company through its public offer platform, a U.S. prospectus (the “U.S. Prospectus”) and a UK disclosure summary (the “UK Disclosure Summary”) will be published and made available. A registration statement on Form S-1 relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. The proposed offering will be made only by means of a prospectus. Copies of the U.S. Prospectus related to the proposed offering, when available, may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov.