EnerNOC Sets IPO Terms

EnerNOC Inc., a Boston-based provider of demand response and energy management solutions, has set its proposed IPO terms to 3.75 million common shares being offered at between $21 and $23 per share. It plans to trade on the Nasdaq under ticker symbol ENOC, with Credit Suisse and Morgan Stanley serving as co-lead underwriters. The company has raised around $28 million in VC funding, including an infusion late last year at a post-money valuation in excess of 4215 million. Shareholders include Foundation Capital, Draper Fisher Jurvetson, Braemar Energy Ventures and DFJ New England. www.enernoc.com