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'Renewed Appetite' for IPOs Set to Boost Solar and Wind Power

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"The biggest revival in stock prices since the Great Depression is reigniting interest in initial public offerings by environmental companies, spurring businesses from China to California to issue new shares," according to Bloomberg.  "“There’s renewed appetite for green IPOs,” says Luigi Ferraris, chief financial officer of Italian utility Enel SpA, which plans to sell a minority stake of its renewable energy unit Enel Green Power for $5.4 billion by the end of 2010."
SOURCE:   Bloomberg