ESGEN Acquisition Registers for $200M IPO

ESGEN Acquisition filed with the SEC to offer 20 million units priced at $10 each. A unit consists of one Class A ordinary share and one-half of a redeemable warrant.

The new SPAC is focused on companies engaged in what it calls disruptive decarbonization.

ESGEN is led by CEO and Director Andrea “Andrejka” Bernatova, who served as CFO and senior advisor of Enchanted Rock Energy, a blue-chip resiliency microgrid company from 2019 to 2021. From 2018 to 2019, she was CFO of Goodnight Midstream, a midstream water infrastructure company.

Citigroup and Barclays are joint book-running managers. The underwriters have an option to purchase up to 3 million additional units to cover over-allotments, if any.

The SPAC intends to apply for a listing on the Nasdaq under ESACU. Read more.

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