8point3 Energy Partners LP Priced, Nasdaq: CAFD

Solar energy yieldco formed by First Solar and SunPower.

Industry: Utilities

Latest Trade: $14.36 -0.14 (-1.0%)

First Day Return: -2.4%

Return from IPO: -31.0%

Industry: Utilities

We are a growth-oriented limited partnership formed by First Solar and SunPower to own, operate and acquire solar energy generation projects. Upon completion of this offering, our Initial Portfolio, which we will acquire from our Sponsors, will have interests in 432 MW of solar energy projects. Our primary objective is to generate predictable cash distributions that grow at a sustainable rate. We intend to achieve this objective by acquiring high-quality solar assets primarily developed by our Sponsors that generate long-term contracted cash flows and serve utility, C&I and residential customers in the United States and other select markets, primarily within the countries that comprise the Organization for Economic Co-operation and Development.
more less
IPO News for 8point3 Energy Partners LP
more
IPO Data
IPO File Date 03/10/2015
Offer Price $21.00
Price Range $19.00 - $21.00
Offer Shares (mm) 20.0
Deal Size ($mm) $420
IPO Data
IPO Date 06/18/2015
Offer Price $21.00
Price Range $19.00 - $21.00
Offer Shares (mm) 20.0
Deal Size ($mm) $420
Underwriters
more
Company Data
Headquarters San Jose, CA
Founded 2015
Employees
Website www.8point3energypartners.com