The new SPAC intends to focus on opportunities created by the rapid shift towards energy efficient and decentralized energy solutions for a lower carbon economy and, in particular, for the built environment and transport sectors. SDCL EDGE is led by Co-CEOs Jonathan Maxwell and Michael Feldman, and CFO and COO Ned Davis.
Total SPAC deal count for 2021 year-to-date is now 504. This offering is expected to close on Tuesday, November 2.
Goldman Sachs & Co. LLC and BofA Securities, Inc. are acting as joint book-running managers for this offering. Meagher & Flom (UK) LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell London LLP serving as Underwriter’s Counsel. Kesselman & Kesselman serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.