US blade manufacturer TPI Composites has priced the 6.25m shares it is selling under its initial public offering at $11 each.
The Arizona company has also granted the underwriters a 30-day option to buy up to 937,500 additional shares, it said.
TPI, the largest independent manufacturer of composite wind blades in the US, aims to raise $68.75m through the IPO.
It operates factories throughout the US, Mexico, China and Turkey.
The shares will start trading in the NASDAQ Global Market today and the offering is expected to close on 27 July.
JP Morgan and Morgan Stanley are acting as joint book-running managers.
Image: TPI Composites
