ECP Environmental Growth Opportunities in an amended SEC filing today said it will offer 5 million more units than originally planned to increase its upcoming IPO to $300 million. The SPAC initially planned to raise $250 million.
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 plans to list on the Nasdaq under ENNVU. Read more.
