Renaissance Capital logo

Excelerate Energy Priced, NYSE: EE

Operates LNG storage and regasification infrastructure in emerging markets.

Industry: Energy

Latest Trade: $23.38 0.00 (0.0%)

First Day Return: +11.9%

Return from IPO: -2.6%

Industry: Energy

Excelerate is changing the way the world accesses cleaner, more affordable and reliable energy by delivering regasified natural gas, benefitting hundreds of millions of people around the world. From our founding, we have focused on providing flexible liquefied natural gas (“LNG”) solutions to emerging markets in diverse environments across the globe, providing a lesser emitting form of energy to markets that often rely on coal as their primary energy source. At Excelerate, we believe that access to affordable energy such as LNG is critical to assisting emerging markets in their decarbonization efforts, while at the same time promoting economic growth and improving quality of life. We have grown our business significantly since our first floating storage and regasification unit (“FSRU”) charter in 2003, and today, we are a profitable energy company with a geographically diversified business model. Our business spans the globe, with regional offices in eight countries and operations in the United States, Brazil, Argentina, Israel, United Arab Emirates, Pakistan and Bangladesh. We are the largest provider of regasified LNG in Argentina and Bangladesh and one of the largest providers of regasified LNG in Brazil and Pakistan, and we operate the largest FSRU in Brazil.
more less
IPO News for Excelerate Energy
more
IPO Data
IPO File Date 01/07/2022
Offer Price $24.00
Price Range $21.00 - $24.00
Offer Shares (mm) 16.0
Deal Size ($mm) $384
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 04/12/2022
Offer Price $24.00
Price Range $21.00 - $24.00
Offer Shares (mm) 16.0
Deal Size ($mm) $384
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters The Woodlands, TX
Founded 2003
Employees 901
Website www.excelerateenergy.com