REV Renewables (RVR) Files IPO Registration Statement
REV Renewables (NASDAQ: RVR) has filed for a proposed IPO.
The company describes itself as: "We are a leader in the development, acquisition, ownership, and operation of energy storage and renewables generation assets in the United States. We own approximately 2.4 GW of energy storage and renewable power generation assets located throughout the United States, including 290 MW / 725 MWh of battery storage assets, 1,642 MW of pumped storage hydro power assets, 365 MWac of solar assets, and a 132 MW wind farm. Our battery storage and pumped storage hydro portfolio is the largest deregulated energy storage portfolio in the United States. In addition to our operating assets, we have a large portfolio of battery storage and renewable generation projects in various stages of development."
Morgan Stanley, Goldman Sachs & Co. LLC and RBC Capital Markets will serve as lead underwriters.
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