Huge day for solar! At 9:30am, the team from Sunrun will be ringing the bell at the NASDAQ as the stock is expected to price at around $14 per share. The first trade will be expected around 10am under the ticker “RUN”. It’s not easy to get a solar company off the ground and take it public, huge shout out to Ed Fenster and Lynn Jurich for leading their team to this latest round of financing. The celebration will not last long as you can see in the remaining stories today, net metering attacks in California, Arizona, and Nevada continue, some of the largest markets for the company and residential solar.
- Wall Street Journal: Sunrun Inc. Prices IPO at $14 a Share
- Greentech Media: California Utilities Release New Plans to Replace Net Metering – Conflict to Come?
- Crain’s Detroit Business: DTE supports updating Michigan’s solar power net metering rules
- Arizona Central: Ruling could delay APS request for higher solar-user fees
- MIT: Clinton vs. Obama on Renewables
- Solar Industry Magazine: New York’s Shared Renewables Order Removes A Barrier To Community Solar
- Utility Dive: With $1M given, NextEra among largest donors to Jeb Bush Super PAC
- Reno Gazette Journal: Solar industry trying to get around legislative process, Farley says
Opinions
Have a great day!
Yann