Former BP Chief Executive Tony Hayward will lead the listing of a $175 million shell company aimed at investing in green energy projects in Europe, according to an intention to float published by Energy Transition Partners on July 15.
The special purpose acquisition company will list in Amsterdam and focus on investments in companies involved in efforts to decarbonise the world's energy mix. Hayward, who is chairman of mining giant Glencore, will be chief executive of the firm. Former Glencore executive Alex Beard is a co-founder, and ex-National Grid Chief Executive Steve Holliday, ex-BMW and General Motors executive Carl-Peter Forster and ex-Dresdner Kleinwort Benson boss Leonhard Fischer will all serve on the board.JPMorgan is acting as sole global coordinator and sole bookrunner for the offering.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How To Conjure A $20 Billion Fortune Using A SPACA blank check merger with MSP Recovery values the law firm and data platform at $32.6 billion despite no guaranteed future revenue.
Source: Forbes - 🏆 394. / 53 Read more »
Ex-WarnerMedia Europe Executive, Salma Hayek’s Husband Launch $300M SPACIris Knobloch, the former president of France, Benelux, Germany, Austria and Switzerland at AT&T’s WarnerMedia, is launching a €250 million ($300 million) European special-purpose acquisition c…
Source: THR - 🏆 411. / 53 Read more »
How To Conjure A $20 Billion Fortune Using A SPACA blank check merger with MSP Recovery values the law firm and data platform at $32.6 billion despite no guaranteed future revenue. jeff bezos can that jack-off in public dud Squeeze blood from a stone? That’s the pitch? Despite the fall and rise of bitcoin am still earning from it via mining ⚒ and trading 💹 of Bitcoin, this not the time to sell this is the time to invest Contact abrantesrene and invest your coins, i $50000 investing $20000
Source: Forbes - 🏆 394. / 53 Read more »
Hong Kong biotech start-up is set to list on the Nasdaq in a SPAC mergerPrenetics is set to merge with Artisan Acquisition, a special purpose acquisition company backed by Hong Kong billionaire Adrian Cheng, a source told CNBC. What a forgettable name!
Source: CNBC - 🏆 12. / 72 Read more »
Car-battery SPAC deal is joyride at electric priceU.S. auto charge maker SES Holdings is going public via a merger with Robert Friedland’s blank-cheque vehicle at a $3.3 bln valuation. That’s chunky given a controlling founder and zero near-term sales. Investors must hope big backers like General Motors help swerve potholes.
Source: Breakingviews - 🏆 470. / 51 Read more »
Space-exploration SPAC targeted by SEC in crackdownStable Road shares fell more than 10% in after-hours trading Tuesday, after the SEC charged the company, its space-exploration acquisition target and executives with making false claims.
Source: MarketWatch - 🏆 3. / 97 Read more »