Business Green: Canadian geothermal firm Magma Energy last week announced that it is set to raise around C$100m after pricing its Initial Public Offering (IPO) of pricing of 66,667,000 common shares at C$1.50 per common share. Initial indications are that the IPO, which is scheduled to close on July 7, is oversubscribed and the company said that it had granted its underwriters an over-allotment option, enabling the purchase of an additional 10,000,050 common shares at the C$1.50 price. The …