Visitors Now:
Total Visits:
Total Stories:

By Anonymous (Reporter)
Contributor profile | More stories

Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

SolarCity Announces Price For IPO

Wednesday, November 28, 2012 9:11

% of readers think this story is Fact. Add your two cents.

(Before It's News)

Just one day after announcing it will release its long-anticipated Initial Public Offering (IPO) by the holiday season, SolarCity provided details on the share price.

Image Credit: SolarCity Car via Kevin Krejci/Flickr Some Rights Reserved

The solar installation industry leader is aiming to trade 10 million shares for between $13-15 a share. Stockholders will sell 65,012 shares of initial stock.

SolarCity originally had planned an IPO worth $201 million. However, it has scaled those plans to $151 million. Still, not bad for the most anticipated clean-tech IPO since Tesla in 2010.

Will this IPO be a “Happy Holidays” or a “Ba Hum Bug” for SolarCity? Only time will tell.

Source: Greentech Media

SolarCity Announces Price For IPO was originally published on: CleanTechnica