SB Energy files for IPO to raise funds for data center and power infrastructure
News provided bySB Energy, Inc · 2 min read
REDWOOD CITY, Calif., Sept. 1, 2026 /CourierPR/ -- SB Energy, Inc., has taken a significant step towards becoming a publicly traded company by filing a registration statement with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). The company, which specializes in developing and owning large-scale data center and power infrastructure, aims to raise funds through the offering.
SB Energy has applied to list its common stock on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol "SBE." The details of the number of shares to be offered and the price range remain to be determined. In addition to the primary offering, SB Energy is also planning to offer shares to retail investors in the United Kingdom, through a public offer platform operated by Marex Financial, in accordance with the UK Financial Conduct Authority's rules.
The proposed offering is subject to various conditions, including the effectiveness of the registration statement and market conditions. There is no guarantee that the offering will commence or be completed. J.P. Morgan, Goldman Sachs & Co. LLC, Morgan Stanley, Citigroup, and Mizuho are acting as joint lead book-running managers for the offering. BNP Paribas, BTIG, Jefferies, Natixis, RBC Capital Markets, and Truist Securities are additional book-running managers, while ING, MUFG, Santander, SMBC Nikko, Daiwa Capital Markets America Inc., Newmark Securities, Raymond James, and Rosenblatt are co-managers.
Interested parties can obtain a copy of the preliminary prospectus for the proposed offering by visiting the SEC's website at www.sec.gov or by contacting the lead book-running managers. J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC are providing specific contact details for obtaining the prospectus.
SB Energy, described as a power-first, community-focused infrastructure company tailored for the AI economy, develops, builds, and owns gigawatt-scale data center and power capacity. This move aims to address the industry's primary bottleneck and accelerate speed-to-compute.
The registration statement on Form S-1 has been filed with the SEC but has not yet become effective. The securities may not be sold, and offers to buy may not be accepted until the registration statement becomes effective. This press release does not constitute an offer to sell or a solicitation of an offer to buy securities.