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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.