- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 200 Clarendon Street Boston MA United States of America 02116
- IPO Date
- Mar 18, 2021
- Business
- ArcLight Clean Transition Corp. II (NASDAQ: ACTDU) operates as a blank check company, or special purpose acquisition company (SPAC), sponsored by ArcLight Capital Partners, LLC, that pursues a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar initial business combination with one or more businesses focused on opportunities in the accelerating transition toward sustainable use of energy and natural resources; its activities center on identifying and executing such transactions in the clean energy and infrastructure sectors, including renewable natural gas, electric power, and related technologies. The company does not currently generate revenue from operations, holding substantially all of its assets in trust for distribution to public stockholders upon completion of an initial business combination or liquidation, with no employees and reliance on sponsor-provided services; it offered 27.5 million units at $10 each in its 2021 initial public offering, each unit comprising one Class A ordinary share and one-fourth of a warrant exercisable at $11.50. Founded in 2021 and headquartered at 200 Clarendon Street, 55th Floor, Boston, Massachusetts, the SPAC targets North American opportunities aligned with energy transition trends such as decarbonization, electrification, and renewable infrastructure, led by Chairman Daniel Revers, founder of ArcLight Capital Partners, and CEO Jake Erhard. In a major development, shareholders approved and completed a $1.7 billion business combination with OPAL Fuels LLC on July 21, 2022, resulting in the combined entity renaming to OPAL Fuels Inc. (NASDAQ: OPAL), with ACTDU units suspended from trading, ACTD shares and ACTDW warrants transitioning to OPAL and OPALW symbols, and OPAL Fuels emerging as a vertically integrated producer and distributor of renewable natural gas from landfill biogas for heavy-duty trucks and other low-carbon fuel applications. Post-merger, ArcLight Clean Transition Corp. II exists in a legacy capacity with its units quoted on certain platforms amid delisting effects, while ArcLight Capital Partners continues broader infrastructure investments in power generation, renewables, battery storage, and gas pipelines through platforms like REC Solar and Elevate Renewables, though no further transactions or liquidations for this specific SPAC are reported as of late 2025.