Climate Real Impact Solutions II Acquisition Corporation
CLIMW
Other OTC0.00
USD
- -
- -
CIK
0001835713
ISIN
US1871711115
CUSIP
187171111
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- John A. Cavalier
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 300 Carnegie Center Princeton NJ United States of America 08540
- CIK
- 0001835713
- Similar Companies
- Business
- Climate Real Impact Solutions II Acquisition Corporation is a special-purpose acquisition company (SPAC) focused on identifying and merging with scalable companies that deliver significant climate impact solutions. Founded in 2020 and headquartered in Princeton, New Jersey, the company concentrates on acquiring businesses in the climate sector, specifically targeting technologies and solutions that address decarbonization of homes, offices, and transportation means. Its primary focus sectors include distributed energy generation; renewable energy; grid stability and resilience solutions; energy efficiency; green energy service companies; smart energy home-as-a-service; electric vehicle infrastructure; decarbonized liquid fuels; circular economy; carbon capture and utilization; sustainable agriculture; and reforestation. The company was co-sponsored by private funds affiliated with Pacific Investment Management Company LLC (PIMCO) and led by a seasoned leadership team including former executives from NRG Energy, Credit Suisse, and General Electric. Climate Real Impact Solutions II completed its initial public offering in early 2021, raising significant capital to pursue acquisitions of commercially viable and impactful climate technologies. The company employs a business acquisition strategy that leverages both financial and environmental metrics to maximize value and climate impact, emphasizing technologies that demonstrate proven commercial effectiveness and economic viability. Recent major developments include the closing of its IPO and continuation of its acquisition strategy with a renewed commitment to scaling high-growth climate solutions. The company strategically targets businesses with verifiable carbon mitigation impacts and sustainable business models, supporting the acceleration of clean energy and decarbonization technologies. It retains a governance team with extensive expertise in energy, finance, and climate sectors, aiming to provide capital, counsel, and operational mentorship to its acquisition targets, thus fostering impactful growth in the climate solutions industry. The company's focus remains broad-based climate impact with operations in the United States and scope for expansion into global markets. Climate Real Impact Solutions II Acquisition Corporation operates primarily within the capital markets sector as a climate-focused SPAC aiming to generate both financial returns and environmental benefits through strategic acquisitions in clean energy and decarbonization technologies.