SolarCity IPO expected by year-end

SolarCity officials are heading out on their pre-IPO roadshow after the Thanksgiving holiday.

SolarCity officials are heading out on their pre-IPO roadshow after the Thanksgiving holiday. 

SolarCity Corp. is planning to launch an initial public offering before the end of the year, Reuters reports.

The San Mateo, Calif.-based solar company filed in October for a $200 million IPO and now plans to begin its road show after the Thanksgiving weekend.

SolarCity has seen rapid growth with its model of letting customers lease its solar systems, paying a monthly fee and avoiding upfront installation costs.

SolarCity has an office in Portland.

From the San Francisco Business Times.

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