Tuesday, August 11, 2009

InfrastruX Group Files For IPO

Seattle-based InfrastruX Group, which provides maintenance and construction services for the electric power and natural gas transmission and distribution market, has filed for an IPO, saying it is looking to raised $290M in an offering on the New York Stock Exchange. According to the firm's filing Monday evening, it is looking to trade as "IFR" on the NYSE, in an IPO underwritten by Credit Suisse and UBS Investment Bank.