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Vast

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Nabors Energy Transition Corp. (NETC), a blank-check company sponsored by Nabors Industries, completed its initial public offering in 2022 with a stated focus on the clean energy sector. In February 2023, NETC announced a definitive business combination with Vast, an Australian developer of concentrated solar power technology designed to deliver dispatchable, storage-integrated renewable energy at utility scale. The transaction subsequently closed, bringing Vast onto U.S. public markets and representing one of the few SPAC deals in the concentrated solar thermal niche. Sign up at SpacDesk for full filing history, deal timelines, and analytics on NETC and the broader SPAC market.

Announced
2023-02-14
Closed
2023-12-13
PIPE Raised
Industry
Clean Energy

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
NETCNabors Energy Transition Corp.Closed2023-02-142023-12-13$276.0MNabors Energy Transition Sponsor LLC