Foresight Energy Partners, which operates four mines and has 3 billion tons of coal reserves, filed for a $100 million US IPO on Wednesday. The St. Louis, MO-based company booked $475 million in sales for the twelve months ended September 30, 2011. Foresight plans to list on the New York Stock Exchange under the symbol FELP. Underwriters were not announced.
Foresight Energy Partners is managed by the board and executives of its general partner, Foresight Energy GP. Foresight Energy GP is owned by The Cline Group and Riverstone.
