6:36p |
Bloom Energy Raises $270M in IPO, Shares Up in Debut Week Bloom Energy started trading on NYSE Wednesday • The fuel-cell maker raised $270 million in the IPO • Its share price surged on days one and two of trading, at one point reaching 65 percent above the $15 IPO price • The company is expected to benefit from the recently reinstated federal tax credit for fuel-cell buyers |
7:43p |
Former Equinix CEO Steve Smith Joins GI Partners Steve Smith, the former CEO of Equinix who abruptly resigned in January, has joined GI Partners • GI is a private equity firm known for backing some of the biggest players in data center services • Equinix did not explain Smith’s departure, saying only that it resulted from his mishandling of an employee matter |