Shearman And Sterling

News October 22, 2021

ESGEN Acquisition Corporation’s $276 Million IPO

Shearman & Sterling advised the joint book-running managers on the initial public offering of ESGEN Acquisition Corporation, a special purpose acquisition company, of 27.6 million units at an offering price of $10.00 per unit, each unit consisting of one Class A ordinary share and one-half of one redeemable warrant.

ESGEN Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The company intends to concentrate on identifying opportunities in the North American energy and infrastructure value chain and contiguous industries that it believes will fundamentally change the current energy landscape by accelerating a shift to a low-carbon future. The company is led by Andrejka Bernatova, Chief Executive Officer, and Nader Daylami, Chief Financial Officer.

The Team