In spite of a dismal environment for both the solar industry and the shares of companies...
Wednesday, March 21, 2012, 6:26 PM ETIn spite of a dismal environment for both the solar industry and the shares of companies dependent on it, BrightSource Energy, a provider of systems for building solar thermal power plants, plans to sell 6.9M shares for $21-$23 in an IPO under the ticker BRSE. The price range translates into a valuation of $953M-$1.04B. Brightsource's 2011 revenue rose over 11x to $159.1, while its net loss rose 55% to $110.9M. Google (GOOG) is an investor. (S-1)
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