EnerNOC Plans Secondary Offering

EnerNOC, an energy demand aggregator, has filed for a secondary offering of 4 million shares—800,000 of them to be sold by the Boston-based firm (NASDAQ: ENOC), and 3.2 million from certain shareholders. EnerNOC’s $97.5 million IPO five months ago was one of New England’s cleantech success stories; shares priced at $27, well above the expected range, and are now trading in the low $40s.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.