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IPO planned for Noble Environmental Power |
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Monday, 26 May 2008 |
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In a first-ever for the U.S., a company
focused entirely on wind energy is planning to come public, with Noble
Environmental Power Inc. registering an IPO to list on the Nasdaq later this
year.
Based in Essex, Connecticut, USA ., Noble Environmental registered
earlier this month with the Securities and Exchange Commission to raise as much
as US$ 375 million through an initial public offering. The amounts actually
raised in IPOs can vary dramatically from the registration figure; Noble
Environmental has not set a price range, share size or date yet for its offering.
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