The Hottest Energy Storage IPOs In 2022

One of the biggest electric-vehicle battery companies in the world is going public. After years of disappointment, the U.S. IPO market has been recording a strong comeback. Traditional initial public offerings raised more money than ever before in 2021, as early investors tried to cash in on sky-high valuations. This year, a record nearly 400 traditional IPOs and an additional 600 special-purpose acquisition companies (SPACs) listed on the markets. Total deal value for traditional IPOs clocked in at $153.5B while SPACs fetched $162.3B, both record highs. Unfortunately, the same cannot be said about the energy sector.It appears that Wall Street is still souring on the U.S. oil and gas patch, if the first initial public offering of a U.S. shale driller in four years is any indication.Despite all the chatter about natural gas being the perfect bridge fuel in the transition…

Read more…