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Analysis

Is the ‘SPAC track’ the fast lane to growth… or the road to ruin?

1 Mar 2021, 07:19 • By Charles Lesser
Is the ‘SPAC track’ the fast lane to growth… or the road to ruin?

The sudden and rapid use of Special Purpose Acquisition Companies (SPACs) to launch privately-held companies into publicly-listed entities is a minor phenomenon of our time and some players in clean energy industries including energy storage, have been quick to join the wave. It can work out really well, but it can also all end in tears: so choose wisely, says Charles Lesser, partner at Apricum - The Cleantech Advisory.