Locke Lord Partner Jon Daly Quoted by Law360 on Increased IPO Activity and Potential Impact on Renewables Market Following Federal Interest Rate Cuts

Locke Lord Houston Partner Jon Daly was quoted by Law360 on the increase in IPO activity as companies seize opportunities in friendlier capital markets that are supported by recent interest rate cuts. Daly states, “Assuming volatility starts to stabilize, and I think it will, given the rate cuts, you will see more IPOs and companies willing to tap markets. And investors willing to invest in more speculative IPOs, more risky IPOs.”

For the renewables sector specifically, Daly explains that this could spur investment opportunities in low-carbon projects: “…More renewable energy firms that require capital to fund projects that create a less carbon-reliant economy could pursue IPOs.”

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