Green Economy SPAC Spinnaker Plots London Stock Market Float: Report


Spinnaker Acquisitions — a blank-check firm that will target mergers in the green economy — will list in London this week, City AM reports.

The company said it will target businesses valued at between £5m and £30m ($6.9 million – $41.4 million) with profit potential.

It comes amid rising interest in renewable energy suppliers amid a shift away from gas and coal.

Spinnaker is also hoping to cash in on growing focus on environment, social and government (ESG) issues in the city. Read more.

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