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Renewable energy-focused SPAC ArcLight Clean Transition II prices upsized $275 million IPO

ACTDU

ArcLight Clean Transition II, the second blank check company formed by ArcLight Capital Partners targeting renewables, raised $275 million by offering 27.5 million units at $10. The company offered 2.5 million more units than anticipated. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50.  The company is led by...read more

Renewable energy SPAC ArcLight Clean Transition II files for a $250 million IPO

ACTDU

ArcLight Clean Transition II, the second blank check company formed by ArcLight Capital Partners targeting renewables, filed on Thursday with the SEC to raise up to $250 million in an initial public offering. The Boston, MA-based company plans to raise $250 million by offering 25 million units at $10. Each unit will consist of one share of common stock and one-fourth of a...read more

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