e2Companies to go public via a SPAC merger with Nabors Energy Transition in a $770m deal.

e2Companies, a vertically integrated Virtual Utility for power generation, distribution, and energy economics in the marketplace, is set to go public via a SPAC merger with Nabors Energy Transition, a special purpose acquisition company, in a $770m deal. “We believe the e2 solution has clear, value-creating application in the oilfield sector. We believe the business combination with NETD will further accelerate e2’s growth and deliver long-term shareholder value while furthering Nabors’ commitment to ‘Energy Without Compromise’ and support of companies on the cutting edge of advanced energy technology,” Anthony Petrello, Nabors Energy Transition Corp. II President and CEO.