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Solar Installer Real Goods Fills Paperwork for IPO

by Michael Graham Richard, Gatineau, Canada on 02. 8.08
Business & Politics

Real Goods solar panel

Solar installer Real Goods has dotted the i's and crossed the t's on the paperwork for an initial public offering (IPO). The company, which is now owned by Gaiam, had an estimated 2007 revenue of $32.7 million and profits of $490,000 (if you include revenue from two installers it acquired recently).

They want to raise money for further expansion, consolidation, and maybe other acquisitions. The NASDAQ ticker symbol will be "RSOL". ::Cnet News, ::Reuters, ::Best of TH: Sustainable Retailers, Part II

Comments (4)

See! Solar Energy companies do make it profitable to invest in Green!

:D

Mike

jump to top Mike Addison says:

Couldn't have picked a worse time. I hope someone consults them on WHEN to go public.

jump to top Anonymous says:

Seems like shaky profit

jump to top bulgarien [TypeKey Profile Page] says:

Seems like shaky profit

jump to top bulgarien [TypeKey Profile Page] says:

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