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LED company files for $150 million public offering

Florida-based LED maker Lighting Science Group (LSG) announced it has filed for a $150 million IPO. The news follows this week’s successful IPO of Gevo, a biofuels and biochemicals company (that has never turned a profit) that raised $107 million on public markets and was able to command share prices at the high end of its offering range. So, could this finally be the year cleantech IPOs gain traction?

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