Bloom Energy, which sells clean energy power generators based on solid oxide fuel cell technology, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
The Sunnyvale, CA-based company was founded in 2001 and booked $473 million in sales for the 12 months ended March 31, 2018. It plans to list on the NYSE under the symbol BE. Bloom Energy filed confidentially on March 25, 2016. J.P. Morgan, Morgan Stanley, Credit Suisse, KeyBanc Capital Markets and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.
