Visit the Original Blog PostSolarCity announced it had filed an S-1 registration to do an IPO back in April. The filing remained confidential until Friday's announcement. According to SolarCity, they want to raise $201 million dollars.
The company recorded $59.55 million in revenue and $73.71 million in net losses in 2011, compared with $32.43 million in revenue and $47.07 million in net losses in 2010. For the first six months of this year, the company posted $71.42 million in revenue and $48.91 million in net losses.