BrightSource Energy, the Oakland, CA-based developer of large-scale solar energy plants, is preparing for an initial public offering in 2011, according to a report today in Dow Jones VentureWire. The company has hired investment banks including Goldman Sachs and Morgan Stanley to manage the offering, the report said. BrightSource has raised at least $330 million in financing from Draper Fisher Jurvetson, Morgan Stanley, and VantagePoint Venture Partners, as well as strategic investors Alstom SA, Black River Asset Management, BP Alternative Energy, the California State Teachers Retirement System, Chevron Technology Ventures, Google.org and StatoilHydro. BrightSource solar plants supplying electricity to Pacific Gas & Electric and Southern California Edison are due to open in 2013.
Author: Wade Roush
Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco.
Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.)
I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia.
I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats.
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