Noble Power Files for $375 Million IPO

Noble Environmental Power LLC, an Essex, Conn.-based developer of wind-powered renewable electric generating projects, has filed for a $375 million IPO. It plans to trade on the Nasdaq under ticker symbol NEPI, with Lehman Brothers, Credit Suisse and JPMorgan serving as co-lead underwriters.

 

The company's principal shareholder is JPMorgan Partners (managed by CCMP Capital), while the CPP Investment Board is a minority backer. www.noblepower.com