IPOs may never return to their 1999 stature, but they are still happening. Most of them these days are not for American companies. One IPO this week could give some indication of what attraction green energy tech holds for investors.
Iberdrola, the big Spanish power company, is selling 20% of its renewable energy unit. It's focused on wind and solar generating plants. If this does well on the market, other utilities can be expected to spin off some of their alternative energy units.
Two Chinese-based solar component manufacturers had smaller IPOs recently that opened hot, then fell into the shade.
Otherwise, two mainstream energy companies are planning IPOs soon. THey are are in the fossil fuel business, and one doesn;t even own any facilities but is an investment firm.