One Power, which provides on-site renewable power solutions for industrial clients, withdrew its plans for an initial public offering on Friday. It originally filed in January 2025 with a proposed deal size of $100 million.
The Findlay, OH-based company was founded in 2009 and booked $6 million in revenue for the 12 months ended September 30, 2024. It had planned to list on the NYSE under the symbol ONE. Stifel was set to be the sole bookrunner on the deal.
