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Announced

One Energy to go public via a SPAC merger with TortoiseEcofin Acquisition in a $300m deal.

Synopsis

One Energy, an industrial power company, agreed to go public via a SPAC merger with TortoiseEcofin Acquisition, a special purpose acquisition company, in a $300m deal. “Entering into a definitive agreement to merge with TRTL is a monumental step towards our vision of reshaping the utility industry. With the added financial strength we anticipate from going public, we hope to accelerate our growth plans to continue helping industrial clients take back control of their power and transition to a more sustainable, reliable, and cost-effective power solution that is custom engineered to their individual needs,” Jereme Kent, One Energy CEO and Founder.

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