BrightSource To Raise $250M In IPO

BrightSource Energy is planning an initial public offering.

BrightSource Energy is planning an initial public offering (IPO). The solar thermal technology company is looking to raise around $250 million and has filed with the Securities and Exchange Commission, adds The Wall Street Journal. The company has not yet disclosed the number of shares to be sold and their offering price. The book-running managers for the offering are Goldman Sachs, Citi and Deutsche Bank.

Click here for the release from BrightSource Energy.

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