The Hottest Energy Storage IPOs In 2022
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.