ECP-backed ProEnergy to seek up to $50 billion valuation in US IPO, Bloomberg News reports | Reuters

ECP-backed ProEnergy is aiming for a US IPO that could value the company at as much as $40–$50 billion, according to Bloomberg News. The deal could also involve an outright sale of ProEnergy, with Morgan Stanley and JPMorgan Chase leading the process.

ECP-backed ProEnergy to seek up to $50 billion valuation in US IPO, Bloomberg News reports | Reuters # ECP-backed ProEnergy to seek up to $50 billion valuation in US IPO, Bloomberg News reports By Reuters September 18, 2026 11:51 PM UTC Updated ago Sept 18 (Reuters) - Energy Capital Partners-backed ProEnergy is seeking a valuation ​of as much as $50 billion ‌in a US initial public offering, Bloomberg News reported on Friday, ​citing people familiar with ​the matter. Here are some additional ⁠details: - The IPO could value ​ProEnergy, which makes power generation equipment, ​at around $40 billion to $50 billion, depending on the market, the report ​said, adding that ECP could ​also consider selling ProEnergy. - ECP acquired a ‌majority ⁠stake in ProEnergy in September 2024. - The Missouri-headquartered firm is working with Morgan Stanley and JPMorgan ​Chase ​on the ⁠IPO process, the report said. - ECP declined to ​comment, while ProEnergy, Morgan ​Stanley ⁠and JPMorgan did not imm

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