Enphase Energy (ENPH) Files $100M IPO

Enphase Energy, Inc. (Nasdaq: ENPH), filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. The proposed maximum offering price is $100 million. Enphase filed to list on the Nasdaq Global Market under the ticker "ENPH."

The offering is being made through Morgan Stanley, BofA/Merrill Lynch, Lazard Capital Markets, Jefferies, and ThinkEquity.

Enphase Energy has pioneered a fundamentally new inverter technology for the solar industry that increases energy production, simplifies design and installation, improves system uptime and reliability, reduces fire safety risk and provides a platform for intelligent energy management.

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