Vivint Solar is looking to raise as much as US$370 million from its initial public offering (IPO) according to documents filed with the SEC.
The US residential solar installer is looking for US$16-18 per share and could raise just over US$370 million, after fees are taken off the total.
Vivint will sell 20.6 million shares in the IPO, with 23.69 million registered.
Investor Blackstone will maintain control of the majority of remaining stock after the flotation.
The company has approval to list on the New York Stock Exchange using the symbol VSLR.
SolarCity is the runaway leader in the US residential market with a 29% market share in the first quarter of 2014. Vivint Solar was second on 9%, according to GTM Research.
More details on the IPO can be read on the full Vivint Solar prospectus.