Funding and M&A Roundup: Solar Tracking Systems Company FTC Solar Files for IPO

CleanCapital receives a capital commitment of $300 million from Manulife

April 26, 2021

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


FTC Solar, a provider of solar tracker systems, technology, software, and engineering services, announced that it has filed for an initial public offering (IPO) of shares of its common stock. FTC is offering 18,421,053 shares of its common stock. The IPO price is expected to be between $18 and $20 per share before underwriting discounts and commissions. FTC has applied to list its common stock on the Nasdaq Global Market under the symbol “FTCI.”

Mercom Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS