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Sol-Wind Renewable Power LP, the so-called "yieldco with a tax twist," is one step closer to the completion of its planned IPO.
The company announced in a Jan. 29 news release that it commenced the IPO of 8,700,000 common units representing limited partner interests pursuant to a registration statement on Form S-1 previously filed with the U.S. SEC.
The IPO price is expected to be between $19 and $21 per common unit, according to the release. Sol-Wind has been approved to list its common units on the New York Stock Exchange under the ticker symbol SLWD.
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