Semiconductors - Boston, Massachusetts, United States
ArcLight Clean Transition Corp. (NASDAQ: ACTC) is a blank check company focused on opportunities created by the accelerating transition toward sustainable use of energy and natural resources. We are sponsored by ArcLight Capital Partners, LLC ("ArcLight"), and we expect to be supported by Consolidated Asset Management Services, LLC ("CAMS").We believe that the inexorable global economic transition toward the sustainable use of energy and natural resources presents significant, attractive investment opportunities within existing and emerging industries. Our business strategy is to identify and complete an initial business combination that creates substantial long-term value for our shareholders. We will seek targets that we believe are market leaders in facilitating the transition of the energy industry toward decarbonization and sustainability and are positioned to generate long-term value and growing cash flows.Our company is supported by a full management team with decades of experience completing transactions and managing several billion dollars of equity capital in the renewable energy, power and energy infrastructure sectors. Our operations will also be overseen by an experienced board of directors. We are confident that our sponsor's extensive track record, established investment team, broad industry relationships and deal-making capabilities give us a distinct advantage to capitalize on the long-term opportunities created by the ongoing transition toward a clean energy economy.On January 12, 2021, it was announced that Proterra Inc. will become publicly listed through a transaction with ArcLight Clean Transition Corp.
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