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Clean Energy IPOs and SPAC Combinations: Historical Trends and Future Possibilities

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The market witnessed a flurry of renewable energy and clean tech IPOs from 2010-2015 followed by select names in the second half of the decade. In 2020, capital markets activity for clean energy and energy transition businesses has been robust. The number of clean energy de-SPACs announced this year has been record setting, with IPOs of additional energy transition SPACs as well as regular way capital markets for transition energy businesses equally compelling. With projected capital requirements to meet carbon goals and deep investor appetite for these investments, activity to date may be but a prelude to even more robust activity over the next decade.

In this presentation, we will highlight the current market dynamics driving this activity as well as explore capital markets structures which may be best suited for efficiently raising capital as well providing liquidity.

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