We intend to focus our search for a target business in industries that may provide opportunities for attractive risk-adjusted returns in one of the multiple sectors that may advance the objectives of global decarbonization. This includes the energy and agriculture, industrials, transportation and commercial and residential sectors.

Note: Riverstone, a private equity firm focused on energy and the power industry, is backing this decarb-focused blank-check company or special purpose acquisition company (SPAC) – the third one under the Decarbonization Plus name. 

(Note: Decarbonization Plus Acquisition Corp. III priced its SPAC IPO on March 23, 2021, in sync with the terms in its prospectus: 35 million units at $10 each to raise $350 million.)