Who is Opower, Inc.?
Opower, Inc. (NYSE:OPWR) is a leading provider of cloud-based software to the $2.2 trillion utility industry. Utilities use their software platform to deliver key customer-facing applications that reduce energy demand and improve customer perception of the utility. Their software analyzes energy data and presents personalized insights to consumers in order to motivate reductions in energy consumption. These reductions are valued as a source of energy much like a conventional power plant. Opower believes that they are poised to transform the way the utility industry meets energy demand.
Opower, Inc. is set to IPO this Friday, April 4, 2014. They are expected to offer 6.1 million shares at between $17-$19 per share. Morgan Stanley and...
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