Ameresco’s plan to raise $160 million in an IPO this week was dashed after the Framingham, Mass.-based cleantech company was forced to slash the size of its offering in half as a result of tepid investor interest. Ameresco, which helps clients become energy efficient, was advised by Wilmer Cutler Pickering Hale and Dorr‘s Mark Borden, the former chair of the firm’s corporate practice.
Energy and cleantech practice cochairs Thomas Burton III and Sahir Surmeli from Mintz, Levin, Cohn, Ferris, Glovsky and Popeo advised underwriters led by Bank of America/Merrill Lynch. In an SEC filing, Ameresco listed legal fees of $1.3 million related to the listing.
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