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Beard Energy Transition Acquisition Priced, NYSE: BRD

Blank check company targeting electric power grid opportunities (liquidated).

Industry: SPAC

First Day Return: +0.8%

We are a newly organized blank check company. We intend to focus our search for a target business focused on electric power grid opportunities associated with energy transition infrastructure buildout. Specifically, we plan to seek out opportunities to optimize the supply and demand sides of the electrical power grids supplied by intermittent renewable energy. We plan to target high growth businesses including clean technology, equipment and related aftermarket services that focus on the integration of intermittent renewables and dispatchable energy transition infrastructure. On the demand side, we will target software businesses that enable monetization of the data associated with the growing infrastructure and customer-facing businesses that integrate the consumer with the grid. The rapid growth of renewable power development driven by decreasing levelized costs of power, increasing regulatory support and increasing stakeholder pressures is complicating the electrical power grid. We believe that the rapidly evolving dynamics of the supply and demand side of the electrical power grid create a number of optimization opportunities given the intermittent nature of renewables.

Beard Energy Transition Acquisition (BRD) Performance

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