Bloom Energy Corporation (NYSE:BE) today announced the pricing of its initial public offering of 18,000,000 shares of its Class A common stock at a price to the public of $15.00 per share. The shares are expected to begin trading on the New York Stock Exchange on July 25, 2018 under the symbol “BE.” The offering is expected to close on July 27, 2018, subject to customary closing conditions.

Bloom Energy has granted the underwriters a 30-day option to purchase up to 2,700,000 additional shares of Class A common stock at the initial public offering price less underwriting discounts and commissions.

J.P. Morgan and Morgan Stanley are acting as joint lead book-running managers for the offering. Credit Suisse, KeyBanc Capital Markets and BofA Merrill Lynch are acting as book-running managers. Baird, Cowen, HSBC, Oppenheimer & Co. and Raymond James are acting as co-managers.