Solar Energy Firm Nextracker Files for IPO as Market Warms
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Solar energy technology provider Nextracker Inc. filed for an initial public offering, adding to a growing cadre of potential listings that point to at least a partial warming for the US market.
The company in its filing Friday with the US Securities and Exchange Commission disclosed annual revenue of about $1.5 billion with net income of $51 million for its last fiscal year. Nextracker didn’t disclose a size and price range for its offering.