We intend to focus our search for a target business in the broadly defined energy transition or sustainability arena. Specifically, although we may pursue an acquisition opportunity in any business industry or sector, we plan to concentrate our search on supply-side solutions and innovations that enable the economy to decarbonize in sectors that include renewable fuels, sustainable chemical production and feedstocks, carbon capture, utilization and storage technology and equipment, applications, infrastructure and technology focused on reducing the carbon intensity of fuels, energy production methods, and industrial processes.

Note: This is the second blank-check company or SPAC managed by former Rice Energy executives. (Incorporated in the  Cayman Islands)

Members of our management team previously served as executive officers of Rice Energy Inc. (“Rice Energy”), an Appalachian Basin-focused natural gas operator, and Rice Midstream Partners LP (“Rice Midstream”), an operator of large-scale natural gas and water infrastructure. Rice Energy was formed in 2007 by the Rice family and quickly grew to become one of the largest producers of natural gas in the United States. Nine months after Rice Energy’s $1 billion initial public offering in January 2014, its midstream assets were spun off into Rice Midstream, a tax efficient master limited partnership, and taken public via initial public offering in December 2014. 

(Note: Rice Acquisition Corp. II upsized its SPAC IPO at pricing on June 15, 2021, to 30 million units, up from 25 million initially, at $10 each to raise $300 million.)