Abstract
Special Purpose Acquisition Companies (SPAC) as acquisition funders are now under investors scrutiny due to challenging market dynamics and pressure from regulators. Given the sustainability-related importance of energy SPACs, as well as their binary nature, of either funding an acquisition or failing, we seek to identify factors that lead to their success. Analyzing energy SPACs from 2003 to 2022, we find the speed of the process and established underwriter are primary indicators of success, while female presence on boards and CEOs being foreign act against success. Our results have practical implications for energy transition investors and entrepreneurs in energy sector.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
