FREYR Battery Completes Business Combination with Alussa Energy Acquisition Corp.

Complete Solaria to Go Public via Business Combination with Freedom Acquisition I Corp

October 3, 2022

Cloud & SaaS

Complete Solaria entered into a definitive business combination agreement with Freedom Acquisition I Corp. to list on the NYSE under the ticker “CSLR,” expected to close in the first half of 2023. The transaction provides gross proceeds of up to approximately $376 million and is positioned to scale Complete Solaria’s U.S. residential solar model through end-to-end technology, financing, and service.

AURELIUS Acquires Panasonic's European Consumer Battery Business (Panasonic Consumer Energy)

March 17, 2021

Manufacturing

AURELIUS Equity Opportunities SE & Co. KGaA, together with co-investing AURELIUS entities, has agreed to acquire Panasonic's European Consumer Battery Business (Panasonic Consumer Energy) from Panasonic Europe B.V. The business, headquartered in Zellik, Belgium with manufacturing sites in Belgium and Poland, employs around 900 people and generated roughly EUR 230 million in revenue in 2019; the deal is a carve-out structured to create a standalone platform under AURELIUS.

Ultralife Corporation Acquires Excell Battery Group

December 14, 2021

Manufacturing

Ultralife Corporation has acquired all outstanding shares of Excell Battery Group for $23.5 million in cash. Excell, a Canada-based designer and manufacturer of high-performance smart battery systems, generated $21.2 million of revenue for the trailing twelve months ended November 30, 2021; Ultralife says the deal advances its commercial revenue diversification and expands its Battery & Energy Products capabilities and end‑market reach.

Altius Minerals Corporation Acquires Lithium Royalty Corp.

January 27, 2026

Energy

Altius Minerals Corporation entered into a definitive plan-of-arrangement agreement to acquire all outstanding shares of Lithium Royalty Corp. for total consideration of approximately C$520 million (C$9.50 per LRC share), payable at shareholders’ election as cash, Altius shares, or a mix subject to proration. The transaction is court- and shareholder-approval subject and is currently expected to close around March 2026.

CBRE Acquisition Holdings Announces Stockholder Approval of Business Combination with Altus Power

December 6, 2021

Infrastructure

CBRE Acquisition Holdings, Inc. (CBAH) said its stockholders voted to approve the previously announced business combination with Altus Power, Inc. and other proposals at a special meeting on December 6, 2021. The transaction was expected to close on December 9, 2021, with Altus Power’s Class A shares and warrants beginning trading on December 10, 2021.

Energy Vault Completes Business Combination with Novus Capital Corporation II

February 14, 2022

Energy

Energy Vault Holdings, Inc. completed a business combination with Novus Capital Corporation II and began trading on the New York Stock Exchange (NRGV) on February 14, 2022. The transaction provided approximately $235 million in gross proceeds (plus prior Series C and a $50M licensing fee from Atlas Renewable) to fund commercialization of the company’s grid-scale energy storage technologies and energy management software.