The SPAC market is particularly well‑suited to raise cash in industries that offer the potential for significant growth and are currently of interest to investors (think a combination of technology and ESG‑friendly), writes the Husch Blackwell law firm. As the recent experience at ExxonMobile has shown, investors are eager to invest in, and accelerate the migration toward, energy production that does not rely on fossil fuels. SPACs that have invested in the electric vehicle sector are certainly an example of the concept. And the energy industry, broadly defined, is host to a number of opportunities for the SPAC strategy. Read more.
SPACs Offer New Investment Opportunities for Energy Industry: Report
