The Hottest Energy Storage IPOs In 2022

  • Date: 05-Jan-2022
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
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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.