Blackstone-Backed Esdec Solar Seeks U.S. IPO at $5 Billion Valuation, Bloomberg Reports
August 11 2023 - 01:10AM
Dow Jones News
--Blackstone-backed Esdec Solar Group is looking to list in the
U.S. at a valuation of more than $5 billion, Bloomberg reports,
citing unnamed sources.
--The Dutch solar mounting company, which is also backed by
Rivean Capital, has appointed JPMorgan Chase and Morgan Stanley as
part of its initial public offering syndicate, according to
Bloomberg.
--The timing and size of the IPO have yet to be decided,
Bloomberg says.
Full story: shorturl.at/enuvI
Write to Farah Elias at farah.elias@wsj.com
(END) Dow Jones Newswires
August 11, 2023 00:55 ET (04:55 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Blackstone (NYSE:BX)
Historical Stock Chart
From Nov 2023 to Dec 2023
Blackstone (NYSE:BX)
Historical Stock Chart
From Dec 2022 to Dec 2023