SolarEdge Technologies, which provides DC-optimized inverter systems for the solar industry, raised $126 million by offering 7 million shares at $18, the high end of its $16-$18 range. At $18, SolarEdge commands a fully diluted market cap of $778 million and an enterprise value of $644 million. SolarEdge Technologies will list on the NASDAQ under the symbol SEDG. Goldman Sachs and Deutsche Bank acted as lead managers on the deal.
