Alussa Energy SPAC Raises US$287.5 Million in Initial Public Offering

By Isha Makkar
November 25, 2019
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Alussa Energy Acquisition Corp., a newly incorporated blank check company incorporated as a Cayman Islands exempted company, has raised USD287.5 million through an initial public offering of its units on the New York Stock Exchange. The Company was formed in 2019 for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Alussa Energy is sponsored by Alussa Energy Sponsor LLC, and its management team is led by Daniel Barcelo (CEO & President), a corporate finance executive who previously served in a number of senior management and finance roles at Invicti Terra, JKX Oil & Gas, LEKOIL and Ruspetro, among other companies.

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