Twenty million shares of 8point3 will be sold to the public, and the underwriters will have the option to buy another 3 million.

All told, the IPO is expected to raise between $375m and $431.3m, once fees and the underwriting discount are accounted for, and depending on the final price put on the shares.

The yieldco will trade on the NASDAQ Global Market under the ticker symbol CAFD – a reference to Cash Available for Distribution, a key metric for yieldcos.

8point3