Infrastructure and Energy Alternatives, Inc. (IEA) to Offer Common Stock for Holders

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Infrastructure and Energy Alternatives, Inc. Announces Launch of Common Stock Offering

February 3, 2021 4:01 PM EST

INDIANAPOLIS, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (IEA), a leading infrastructure services company focused on renewable energy and transportation infrastructure, today announced that it has launched an underwritten offering of common stock to be sold by Infrastructure and Energy Alternatives, LLC (the Selling Stockholder), an affiliate of funds managed by Oaktree Capital Management, L.P. In addition, the Selling Stockholder has granted the underwriters a 30-day option to purchase up to an additional 15% of the shares sold in the offering at the public offering price, less underwriting... More