November Private Market UpdatePrivate market metrics show signs of optimism despite October public market slump
November Private Market Update
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BrightSource Energy was founded in 2004 by Arnold Goldman. In 2012, the company decided not to pursue a planned IPO, CEO and President John Woolard saying "While we received significant interest from potential investors, the continued market and economic volatility are not optimal conditions for an IPO." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
BrightSource is a clean energy company that builds, finances, and operates large scale solar power plants. While the company originally focused on projects based in the United States, in 2014 it shifted its focus to pursuing primarily overseas opportunities. The company has raised between $800 million and $1 billion in funding, yet since 2020 the headquarters telephone has directed callers directly to voicemail, and the most recent updates to the company website and social media pages are from 2017.
BrightSource Energy is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own BrightSource Energy pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
BrightSource Energy is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
