Opal Fuels to go public via $1.75 billion SPAC deal

Opal Fuels

02/12/2021 11:48

Dec 2 (Reuters) - Opal Fuels said on Thursday it planned to
go public by merging with blank-check firm ArcLight Clean
Transition Corp II  ACTD.O  in a deal that values the fuel
production and distribution company at $1.75 billion, including
debt.

 (Reporting by Mehnaz Yasmin in Bengaluru; Editing by Sriraj
Kalluvila)
 ((Mehnaz.Yasmin@thomsonreuters.com;))