Bill Gates-backed solar power firm Heliogen Inc will merge with a special-purpose acquisition company (SPAC) to go public in a deal that values the combined entity at about $2 billion, the companies said on Wednesday. The merger with Athena Technology Acquisition Corp, a women-led SPAC that raised $250 million in its initial public offering in […]
Ford-Backed Battery Maker Solid Power to Go Public Via $1.2 Billion SPAC Deal
The company, which produces rechargeable batteries for automobiles as well as mobile power markets, will have $600 million in cash after completing the merger with Decarbonization Plus Acquisition Corp III. Solid Power Inc, an electric-vehicle battery maker backed by Ford Motor Co and BMW, said on Tuesday it would go public by merging with a […]
Spanish EV charger maker Wallbox to go public in $1.5 billion New York SPAC deal
Wallbox, which counts wind energy leader Iberdrola as its largest institutional investor, will raise about $330 million from the deal, valuing it at around $1.5 billion including debt. Spanish electric-vehicle charger maker Wallbox plans to list on the New York Stock Exchange later this year through a merger with shell company Kensington Capital Acquisition Corp, […]
EV Charger Maker Tritium to Go Public in $1.2 Bln SPAC Deal
Brisbane, Australia-based Tritium agreed to go public in the United States through a merger with a blank-check firm, valuing one of the world’s largest electric vehicle charging-station makers at $1.2 billion, the company said on Wednesday. The merger with Decarbonization Plus Acquisition Corp II (DCRN.O), a special purpose acquisition company (SPAC), will provide Tritium with […]
Rice Gets Into Renewable Gas With $1.2 Billion SPAC Deal
Rice Acquisition Corp. will merge with two other companies to create a $1.15 billion renewable natural gas giant. Rice will combine with Aria Energy Operating LLC and Archaea Energy LLC, with the new company taking Archaea’s name, it said in a press release. Rice said it will be the leading U.S. platform for harnessing natural […]
