Solar Energy Firm 8Point3 Raises $420 Million In IPO

By | June 19, 2015

Scalper1 News

Solar company 8point3 Energy Partners (CAFD) raised $420 million Thursday evening, pricing 20 million shares at 21, the high point of its estimated range. The pricing was reported by research firm IPOboutique.com. The stock will begin trading Friday on the Nasdaq exchange. 8Point3 is described as a growth-oriented limited partnership formed by First Solar (FSLR) and SunPower (SPWR) to own, operate and acquire solar energy generation projects. In Scalper1 News

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