Eni and LiveStream LLC to float New Energy One Acquisition Corp.
Eni, through Eni International B.V., together with LiveStream LLC, announces the intention to float New Energy One Acquisition Corporation Plc (“NEOA”) on the London Stock Exchange.
LiveStream and Eni are the sponsors of NEOA, which has been formed for the purpose of effecting a business combination with targets that are positioned to participate in or benefit from the global transition towards a low carbon economy. NEOA intends to raise up to £ 175 million, £17,5M covered by Eni (with an option to increase up to £25M), through an offering and subscription in connection with admission.
Eni will be part of the sponsor group and will offer its strategic and technical support and unique market insight around opportunities in the decarbonization space.
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