The Financial Post reports in its Friday edition Seven Generations Energy closed higher Thursday after its trading debut. A Bloomberg dispatch to the Post says the company raised $810-million from selling 19 per cent of its share capital in Canada's second-biggest initial public offering this year. Shares of the Calgary natural gas producer closed at $21, up from its $18 IPO. Seven Generations shares were priced at the lower end of its $17-to-$21 targeted range. Teine Energy, an energy producer that planned to sell shares this fall, pushed back the timing of its IPO amid the plunge in oil. Teine is waiting to see the outcome of the Seven Generations IPO before determining its own plans, potentially pushing a sale into next year. Royal Bank of Canada, Credit Suisse Group, and Peters & Co. led a group of 16 investment banks on the Seven Generations sale. The firms have the option to sell another 15 per cent of the offering in a greenshoe after the deal closes next week, which would raise total proceeds to as much as $931.5-million. Pat Carlson founded Seven Generations in 2008, raising more than $300-million from investors including Arc Financial, Natural Gas Partners, Kern Partners and ZBI Ventures.