Thursday, May 15, 2008

UPC Wind IPO Slate Emerges

UPC Wind, under its new moniker First Wind, is preparing to file an S-1 registration for an initial public offering to be underwritten by leads Credit Suisse, Goldman Sachs and JP Morgan and co-underwriter Morgan Stanley.

The Newton, Mass., developer--backed by affiliates of private equity firms Madison Dearbon Partners and DE Shaw & Co.--was supposed to file last Wednesday, according to one deal tracker, but postponed to review last-minute auditing details. The sum it is planning to raise could not be learned, but is reportedly in the $400 million range. A company spokesman had no comment ...

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