TortoiseEcofin Acquisition Corp. III
TRTL
New York Stock Exchange10.98
USD
+0.02
- -
CIK
0001847112
ISIN
KYG8956E1098
CUSIP
G8956E109
Return %
Stock
S&P500
1Y
5.27
26.84
3Y
13.20
77.03
5Y
13.20
80.55
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
- Vincent T. Cubbage
- Full Time Employees
- 5
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 6363 College Boulevard Overland Park KS United States of America 66211
- IPO Date
- Sep 10, 2021
- CIK
- 0001847112
- Website
- tortoisespac.com
- Similar Companies
- Business
- TortoiseEcofin Acquisition Corp. III is a blank check company sponsored by affiliates of Tortoise Capital Advisors, L.L.C. and Ecofin Investors LLC that seeks to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses focused on the energy transition and sustainability sectors, including industries pursuing innovative decarbonization solutions; it raised $300 million in its initial public offering in July 2021, including through 30 million units initially sold at $10 each, with securities comprising Class A ordinary shares, warrants, and rights. Incorporated in February 2021 as a Cayman Islands exempted company and headquartered in Leawood, Kansas, the SPAC targets companies in energy infrastructure, electrification, and related sustainability segments serving institutional investors, energy firms, and transition-focused enterprises across North America and global markets. In August 2023, it entered a definitive business combination agreement valued at a $300 million pre-money enterprise value with One Energy Enterprises Inc., a U.S.-based industrial power solutions provider specializing in megawatt-scale on-site wind energy installations, which included full equity rollover by One Energy stockholders, extended lock-up agreements, and contingent earnouts; the deal terminated in July 2024 following a dispute, prompting NYSE delisting proceedings completed after market close on July 22, 2024, with securities shifting to OTC markets under TRTUF, TRTLF, and TRTWF, after which the company announced its intent to liquidate the trust account and return funds to shareholders as soon as practicable in August 2024.
One Energy Selects Selena Cuffe to Join One Power Board at Business Combination Closing
One Energy has Successfully Closed its Oversubscribed $35+ million Series A Preferred Round
TortoiseEcofin Acquisition Corp. III Announces Filing of S-4 Registration Statement for its Proposed Business Combination with One Energy Enterprises Inc. to form One Power Company