LightBeam Electric Company, a roll-up of regional solar power and renewable energy utilities in the UK and US, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
The Sausalito, CA-based company, which was formed in 2008 and booked $26 million in pro forma sales for the 12 months ended December 31, 2014, plans to list on the NYSE under the symbol LEC. LightBeam Electric Company initially filed confidentially on January 14, 2015. BMO Capital Markets, Macquarie Capital and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
