IPOs, energy, Renewables

Noble Environmental Power Pulls IPO

Roxanne Palmer 6/4/09

Noble Environmental Power, an Essex, CT-based wind energy company, has withdrawn its planned for an IPO. The offering, initially filed in May 2008, was to include some 23.4 million shares worth up to $375 million. In its filing today, Noble said withdrawing the offering “is consistent with the public interest and protection of investors.” The company operates six wind farms in New York state, one in Texas, and has 8 more under development in New York, Minnesota, New Hampshire, and Vermont.

Roxanne is an intern in Xconomy's Boston office. You can reach her at rpalmer@xconomy.com.