BrightSource Energy Inc.

BrightSource Energy, Inc. a utility-scale solar developer, has filed a US$250 million initial public offering (IPO).The California-based solar thermal developer has several intriguing qualities; however, these are saddled along with a few areas of concern. 

BrightSource Energy, Inc. said Monday it has finalized U.S. federal government loan guarantees of $1.6 billion and has received a $168 million equity investment from Google Inc. (Nasdaq: GOOG) for its proposed 392-megawatt (MW) Ivanpah thermal solar power project under construction in California’s Mohave Desert.

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