energy, Stocks, deals

EnerNOC Plans Secondary Offering

Rebecca Zacks 10/29/07

EnerNOC, an energy demand aggregator, has filed for a secondary offering of 4 million shares—800,000 of them to be sold by the Boston-based firm (NASDAQ: ENOC), and 3.2 million from certain shareholders. EnerNOC’s $97.5 million IPO five months ago was one of New England’s cleantech success stories; shares priced at $27, well above the expected range, and are now trading in the low $40s.