Azure Power opens down after cutting price on US IPO

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Azure Power opens down after cutting price on US IPO

Jonathan Breen
October 13, 2016 12:00 pm
Solar panel green 230x150
Jason Andriulaitis (left) and Dave Osborne of Osborne Solar Solutions checks a connection under a new solar panel installation in Scugog, Ontario on Wednesday April 27, 2016. Various renewable energy initiatives in Ontario are part of what has helped the province stop burning coal to produce electricity. THE CANADIAN PRESS/Frank Gunn | Frank Gunn/The Canadian Press/PA Images

Indian solar power company Azure Power Global has traded down on its debut on the Nasdaq stock exchange after pricing its IPO below the price guidance.

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Jonathan Breen
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