BrightSource (BRSE) Sees IPO Price of $21-$23
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In an amended S-1 filing on BrightSource (Nasdaq: BRSE), the company disclosed it is planning to offer 6.9 million shares of common stock at a price ranging from $21-$23. The company plans to list on the NASDAQ under the symbol "BRSE."
The offering is being made through Goldman Sachs, Citigroup, Deutsche Bank, Barclays, Lazard Capital Markets, Baird and Raymond James.
BrightSource is a leading solar thermal technology company that designs, develops and sells proprietary systems that produce reliable, clean energy in utility-scale electric power plants. Our systems use proprietary solar power tower technology to deliver cost-competitive renewable electricity with characteristics highly valued by utilities, such as reliability and consistency. Our systems are also used by industrial companies to create high-temperature steam for use in applications such as thermal enhanced oil recovery, or EOR.
The offering is being made through Goldman Sachs, Citigroup, Deutsche Bank, Barclays, Lazard Capital Markets, Baird and Raymond James.
BrightSource is a leading solar thermal technology company that designs, develops and sells proprietary systems that produce reliable, clean energy in utility-scale electric power plants. Our systems use proprietary solar power tower technology to deliver cost-competitive renewable electricity with characteristics highly valued by utilities, such as reliability and consistency. Our systems are also used by industrial companies to create high-temperature steam for use in applications such as thermal enhanced oil recovery, or EOR.
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