| EnerNOC Prices IPO At $26 Per Share |
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| Friday, May 18, 2007 6:30:00 AM PDT | VentureDeal Staff |
BOSTON, MA -- Energy management company EnerNOC, Inc. (Nasdaq: ENOC) priced its Initial Public Offering at $26.00 per share and became a publicly-traded company today.
EnerNOC
provides clean and intelligent power solutions to commercial,
institutional and industrial customers, and electric power grid
operators by using its Network Operations Center to remotely manage and
reduce energy consumption across its network.
The company raised
approximately $85 million in net proceeds. Credit Suisse Securities
(USA) and Morgan Stanley & Co acted as joint book-running managers
for the transaction. |
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