Evergreen Solar Announces Public Offering

Evergreen Solar, Inc. has filed a preliminary prospectus supplement to its existing shelf registration statement with the U.S. Securities and Exchange Commission (SEC) relating to an underwritten public offering of 15,000,000 shares of its common stock.

The underwriters will also have a 30-day option to purchase up to 2,250,000 additional shares of common stock from the Company in the event the underwriters sell more than 15,000,000 shares in the offering. Lehman Brothers Inc. will act as sole book-running manager of the offering and Piper Jaffray, Cowen and Company and Pacific Growth Equities, LLC will act as co-managers. Evergreen Solar, whose shelf registration statement has previously been filed and declared effective by the SEC, is a manufacturer of solar power products with its proprietary, low-cost String Ribbon wafer technology, a registered trademark.


Previous articleNew 3-Phase Commercial Inverter from Solectria Renewables
Next articleU.S. Congress Hears Update on Ocean Energy

No posts to display