December 4, 2009 (FinancialWire) — Beacon Power Corp. (NASDAQ: BCON) said it plans to offer, subject to market, regulatory and other conditions, shares of its common stock and warrants in an underwritten public offering. The company is seeking to raise approximately $15 million in the offering.

The offering is expected to price before December 4. Lazard Capital Markets (NYSE: LAZ) is acting as the sole book-running manager for the offering.

Beacon Power designs, develops and is commercializing products and services to support electricity grid operation.

Beacon’s Smart Energy Matrix is a megawatt-scale, utility-grade, flywheel-based solution designed to provide less expensive, and more sustainable and effective, frequency regulation services to the nation’s power grid.

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Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). The most recently issued reports and/or recorded webcasts include Cascade Corp. (NYSE: CASC), Anadarko Petroleum Corp. (NYSE: APC), Baytex Energy Trust (NYSE: BTE) (TSX: BTE), H & Q Healthcare Investors (NYSE: HQH), H & Q Life Science Investors (NYSE: HQL), PIMCO (NYSE: PYN) (NYSE: PMX) (NYSE: PZC), PIMCO Global StocksPLUS & Income Fund (NYSE: PGP), Taiwan Greater China Fund (NYSE: TFC) and Wolseley PLC (OTC: WOSCF) (London Stock Exchange: WOS).

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