Power & Digital Infrastructure Acquisition filed with the SEC to offer 25 million units at $10 each to raise $250 million in an IPO.
The new SPAC in the filing said it is focused on targets in three areas: renewable power generation; power technology, equipment and services companies that focus on the integration of intermittent renewables; and dispatchable energy transition infrastructure.
Power & Digital Infrastructure is led by Chairman Theodore Brombach, founding partner of XMS Capital Partners and co-managing partner. He is also the CEO of XA Investments, an alternative asset management firm he co-founded.
The SPAC plans to list on the Nasdaq under XPDIU. Read more.
