LOCATION/TYPE

NEWS HOME

[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Archive
RSS

Add NWW headlines to your site (click here)

WHAT TO DO
when your community is targeted

Get weekly updates
RSS

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Stripe

Donate via Paypal

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Campaign Material

Photos & Graphics

Videos

Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

First Wind moves to withdraw IPO registration 

Credit:  Globe Staff, www.boston.com 24 November 2010 ~~

First Wind Holdings Inc., the Boston-based wind farm developer, has asked the US Securities and Exchange Commission to grant the company’s request to formally withdraw its registration for an initial public stock offering, according to a regulatory filing made by First Wind.

The move comes roughly a month after First Wind abruptly scrubbed plans to move forward with an IPO after investor demand cooled. When it first filed paperwork to go public in 2008, First Wind indicated that it wanted to raise more than $400 million. By last month, those expectations had been scaled back considerably, and the company later decided not to proceed with the IPO.

In announcing its decision to pull the plug on its planned IPO, First Wind chief executive Paul Gaynor said in a statement last month, “While we received significant interest from potential investors during the marketing of our IPO, the terms that the IPO market was seeking at this time were not attractive to the company.”

In a regulatory filing today, the company asked the SEC to grant its request to withdraw its IPO registration.

Source:  Globe Staff, www.boston.com 24 November 2010

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Contributions
   Donate via Stripe
(via Stripe)
Donate via Paypal
(via Paypal)

Share:

e-mail X FB LI M TG TS G Share


News Watch Home

Get the Facts
CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.

 Follow:

Wind Watch on X Wind Watch on Facebook Wind Watch on Linked In

Wind Watch on Mastodon Wind Watch on Truth Social

Wind Watch on Gab Wind Watch on Bluesky