Tesla Motors, solar firm Solyndra, and biofuel company Codexis are among the cleantech companies preparing for initial public offerings (IPO) this year.
The market is improving for these debuts, but some are likely to fall short of expectations or postpone offerings, according to a Reuters report.
So far this year, there have been 22 IPOs and 17 postponements–though none in the cleantech sector.
"I would think that if the markets remain relatively stable — they don’t have to be on fire, but if they stay where they are — you could easily see six to a dozen IPOs [in cleantech] this year," Scott Sweet of IPO Boutique, told Reuters. "And if the market really heats up in the second half, that pace could accelerate."
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