Renaissance Capital logo

MN8 Energy Filed, US Offering, NYSE: MNX

Solar power and energy storage provider formed by Goldman Sachs.

Industry: Utilities

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Utilities

We are a renewable energy company. Our mission is to serve enterprise customers by providing the renewable energy and related services that these customers need on their journey to an electrified, decarbonized world. To achieve this mission, we generate renewable energy with our fleet of solar projects and are able to store energy in our fleet of battery projects, in each case tailored to the needs of individual enterprise customers. In 2021, we were one of the largest independent solar energy and energy storage power producers in the U.S. and one of the top 5 largest solar and storage asset owners overall in the U.S., based on the total gross capacity of our projects that were operating according to S&P Global Market Intelligence. As of September 30, 2022, our fleet was composed of over 875 projects spread across 28 states with an aggregate capacity of approximately 2.7 gigawatts (“GW”) of operating and under construction solar projects and approximately 270 megawatts (“MW”) of operating and under construction battery storage projects, as adjusted for the NES Acquisition which closed in November 2022. We have a blue-chip set of over 200 enterprise customers, many of whom have bold decarbonization objectives, which we believe will provide us with many add-on commercial opportunities in the years to come.
more less
IPO News for MN8 Energy
more
IPO Data
IPO File Date 09/12/2022
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters New York, NY
Founded 2017
Employees 170
Website www.mn8energy.com