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Solar panels with an edge: SolarEdge Technologies files for a $125 million IPO

February 18, 2015
SEDG

SolarEdge Technologies, which provides solar panel optimizers, inverters and monitoring solutions, filed on Wednesday with the SEC to raise up to $125 million in an initial public offering.

The Herzilya, Israel-based company, which was founded in 2006 and booked $215 million in sales for the 12 months ended December 31, 2014, plans to list on the NASDAQ under the symbol SEDG. SolarEdge Technologies initially filed confidentially on November 5, 2014. Goldman Sachs and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.