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SolarCity Announces Price For IPO

 
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.

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

 

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is expected to complete the Professional Development Certificate in Renewable Energy from the University of Toronto by December 2017. Adam recently completed his Social Media Certificate from Algonquin College Continuing & Online Learning. Adam also graduated from the University of Winnipeg with a three-year B.A. combined major in Economics and Rhetoric, Writing & Communications in 2011. Adam owns a part-time tax preparation business. He also recently started up Salay Consulting and Social Media services, a part-time business which provides cleantech writing, analysis, and social media services. His eventual goal is to be a cleantech policy analyst. You can follow him on Twitter @adamjohnstonwpg or check out his business www.salayconsultiing.com.

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