ESG SPAC listing
After the earlier listings of DSCO and DSCT, the first SPAC of 2021 will make its appearance on the Amsterdam stock exchange today. ESG Core Investments has raised approximately €250 million with the IPO and will be looking for a company with a strong Environmental, Social and Governance (ESG) profile. Or, in other words, for a company that stands out and distinguishes itself by its socially responsible way of doing business. The initiator is Infestos, the investment company of Bernard ten Doeschot, who previously listed Alfen.
Update: ESG Core failed to find a merger partner and will be wound up after returning approximately the invested amounts in April 2023.