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8point3 Energy Partners LP Priced, Nasdaq: CAFD

Solar energy yieldco formed by First Solar and SunPower.

Industry: Utilities

First Day Return: -2.4%

Industry: Utilities

We are a growth-oriented limited partnership formed by First Solar and SunPower to own, operate and acquire solar energy generation projects. Upon completion of this offering, our Initial Portfolio, which we will acquire from our Sponsors, will have interests in 432 MW of solar energy projects. Our primary objective is to generate predictable cash distributions that grow at a sustainable rate. We intend to achieve this objective by acquiring high-quality solar assets primarily developed by our Sponsors that generate long-term contracted cash flows and serve utility, C&I and residential customers in the United States and other select markets, primarily within the countries that comprise the Organization for Economic Co-operation and Development.
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IPO Data
IPO File Date 03/10/2015
Offer Price $21.00
Price Range $19.00 - $21.00
Offer Shares (mm) 20.0
Deal Size ($mm) $420
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/18/2015
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $420
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters San Jose, CA, United States
Founded 2015
Employees at IPO 0
Website www.8point3energypartners.com

8point3 Energy Partners LP (CAFD) Performance