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Star Peak Energy Transition Corp.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Star Peak Energy Transition Corp. (Nasdaq: STPK) was a blank-check company sponsored by Star Peak Capital that completed its initial public offering in 2020, targeting the clean energy and energy transition sector. The SPAC announced its business combination with Stem, Inc., an AI-driven energy storage and optimization company, in August 2020. The transaction closed in April 2021, with the combined entity continuing to trade on the New York Stock Exchange under the ticker STEM. The deal was among the early high-profile clean energy SPAC transactions of the 2020 to 2021 SPAC boom, and STPK is now closed. Sign up at SpacDesk for full filing history, deal timelines, and analytics on STPK and hundreds of other SPACs.

Announced
2020-08-20
Closed
2021-04-28
PIPE Raised
$100–250M
Industry
Clean Energy

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
STPKStar Peak Energy Transition CorpClosed2020-08-202021-04-28$383.6M$225.0MMagnetar