- CEO
- Per Regnarsson
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 50 Sloane Avenue London United Kingdom SW3 3DD
- IPO Date
- Jun 2, 2022
- Business
- ClimateRock (CLRCW) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in climate change, environment, renewable energy, emerging clean technologies, and related enabling technologies such as wind, solar, hydroelectric, energy storage, and green hydrogen assets primarily in OECD countries. Incorporated in 2021 and headquartered at 25 Bedford Square, London WC1B 3HH, United Kingdom, the company targets sustainable acquisitions that deliver attractive risk-adjusted returns, value growth, dividends, positive environmental impact, and decarbonization potential, leveraging its management's extensive experience in renewable energy investing, operations, project finance, M&A, and capital markets from firms including JP Morgan, Goldman Sachs, and Merrill Lynch. It currently has no significant operations or revenue, with all activities centered on pursuing its initial business combination.
In recent developments, ClimateRock entered a definitive business combination agreement with GreenRock Corp in January 2024 valued at approximately $446 million in share compensation, which was amended and restated on March 21, 2025, to provide GreenRock shareholders with 32 million newly issued ordinary shares (29.9 million Class A and 2.1 million Class B with enhanced voting rights), subject to escrow arrangements, customary closing conditions including regulatory and shareholder approvals, and a minimum cash requirement. Further amendments occurred on November 6, 2024, and a registration statement was filed with the SEC in connection with the proposed merger, alongside the appointment of Dariusz Sliwinski to its board of directors; a prior merger attempt with E.E.W. Eco Energy World PLC terminated in November 2023 due to unmet closing conditions. The transaction, if completed, aims to create a leading entity in renewable energy production and green hydrogen, enhancing energy transition and security, though it remains pending as of mid-2025 with ongoing SEC filings including Form F-4.