--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.
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