EnerNOC, Inc. (NASDAQ: ENOC) announced today that it has priced an underwritten public offering of 2,500,000 shares of its common stock at an offering price of $43.00 per share. The offering includes 500,000 shares offered by EnerNOC and 2,000,000 shares offered by stockholders.
EnerNOC and the selling stockholders have granted the underwriters an over-allotment option to purchase up to an aggregate of 375,000 additional shares. Credit Suisse Securities (USA) LLC is leading the underwriting syndicate for the offering. Morgan Stanley & Co. Incorporated is serving as Joint-Lead Manager and the other co-managing underwriters are Canaccord Adams Inc., Jefferies & Company, Inc., and Pacific Growth Equities, LLC.
About EnerNOC, Inc.
EnerNOC, Inc. develops clean and intelligent energy solutions for utilities and electric power grid operators, as well as commercial, institutional, and industrial customers. The Company uses its Network Operations Center, or NOC, to remotely manage and reduce electricity consumption across a network of commercial, institutional, and industrial customer sites and make demand response capacity and energy available to utilities and grid operators on demand.