Small UK IPO crowded out by bigger rivals' flops

Andrew Griffin

May 07, 2014 01:15 pm

home solar panel — In this July 30, 2013 photo, student Brad Paisker checks photo-voltaic panels on the roof of the Norwich University solar-powered home in Northfield, Vt. Vermont's Norwich University and Middlebury College are sending their student-designed solar homes to the U.S. Department of Energy Solar Decathlon in California. There are 20 teams from across the globe competing for bragging rights about the best way to use the sun to power houses.(AP Photo/Toby Talbot)(AP Photo/Toby Talbot) | Toby Talbot/AP/Press Association Images

A small energy technology company that launched an IPO at the end of March pulled its deal on Wednesday, after it said market congestion and the disappointing performance of other high profile technology IPOs had pulled down sentiment.

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Andrew Griffin