Opower Starts Process to Go Public

Energy Efficiency

Opower files with SEC to start IPO process

Capital Business February 12, 2014

Opower, an Arlington company that partners with utilities to encourage customers to conserve energy and save money, has filed confidential papers to go public.

The company’s filing comes as several other local firms have gone public or appear to be preparing to offer shares, buoyed by the relative stability in the financial markets and investors’ renewed appetite for stocks.

Hilton Worldwide, for instance, went public late last year, following Tysons Corner-based Cvent, which creates event-management software. Eloqua, another Northern Virginia technology company, went public in 2012.

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