Noble Environmental Power files for $375M wind power IPO
Despite a rough market for IPOs — as evidenced by Real Goods Solar’s tough first day of trading yesterday — Noble Environmental Power, an Essex, Conn., wind power startup has filed plans to raise up to $375 million in an IPO
Its share sale will be underwritten by Lehman Brothers, JPMorgan and Credit Suisse; CPP Investment Board is a minority backer. Noble Environmental currently manages 282 MW; its wind farms are located in New York, Michigan,… Continue Reading