The new SPAC intends to capitalize on the Zimmer Partners LP platform to identify, acquire and operate a business in industries that may provide opportunities for attractive risk-adjusted returns in the energy value chain in North America, with a focus on energy transition and sustainability. Zimmer Energy is led by CEO Stuart J. Zimmer, CFO Jonathan Cohen, and President William Sloan.
Total SPAC deal count for 2021 year-to-date is now 343. This offering is expected to close on Friday, June 18.
Citigroup and Barclays are acting as the joint book-running managers of the offering. Akin Gump Strauss Hauer & Feld LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. BDO US LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.