British provider of portable energy, HVAC, and compressor solutions Aggreko has filed paperwork with the U.S. Securities and Exchange Commission (SEC) on Monday to pursue an initial public offering (IPO), with the fundraising target potentially reaching as high as $1.5 billion.

The company intends to list on the New York Stock Exchange (NYSE) under the ticker symbol "AGKO," though specific pricing terms have yet to be disclosed. The confidential submission for the offering was originally made on May 15, 2026.

Headquartered in Glasgow, Scotland, and established in 1962, Aggreko focuses on the design, deployment, and optimization of engineered energy and temperature control systems. The firm delivers modular solutions tailored for a range of applications, including industrial facilities, data centers, and disaster relief operations.

Operating across more than 80 countries, Aggreko serves over 14,000 clients and employs approximately 8,000 people. Its global equipment fleet boasts a combined capacity of 17 gigawatts (GW). For the twelve-month period ending December 31, 2025, the company reported revenues of $3.4 billion.