ECP Environmental Growth Opportunities registered with the SEC to offer 25 million units at $10 each to raise $250 million in an IPO.
ECP will focus on “businesses located in North America that concentrate on combatting climate change by decreasing the carbon intensity of energy production, increasing the efficiency of industrial and consumer-related activities, expanding electricity storage and distribution, and improving the overall sustainability of the economy through efforts to lower pollution and increase beneficial reuse.”
The SPAC is led by board memeber Doug Kimmelman, who established ECP in April 2005 and serves as its senior partner, and President and CEO Tyler Reeder, a managing partner of ECP.
The SPAC plans to list on the Nasdaq under ENNVU. Read more.
