The Eon-backed fuel cell system producer priced the offering at the top of its range, having previously raised more than $1.3bn in funding.
Bloom Energy, a US-based fuel cell energy system producer backed by energy utility Eon, raised $270m in an initial public offering on the New York Stock Exchange yesterday.
The company issued 18 million shares priced at the top of their $13 to $15 range. If the underwriters take up the 30-day option to buy another 2.7 million shares the size of the offering could increase to almost $319m.
Founded in 2001 as Ion America, Bloom Energy provides a stationary power…
