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Pioneer SPAC Seeks to Fill Gap Left by Underfunded Finnish PE


Pioneer SPAC Seeks to Fill Gap Left by Underfunded Finnish PE
Hanna Hoikkala, Bloomberg News
(Bloomberg) Finland’s first blank-check company says it plays a unique role in providing especially fast access to capital, given the limited resources private-equity investors have in the Nordic nation.
Virala Acquisition Company Oyj last month raised 107.5 million euros ($127 million) from investors in an initial public offering in Helsinki, and now has as long as three years to find a mid-cap company to buy. VAC, as the company calls itself, intends to give its target a quick way to fund growth as a public company and avoid having to sell to an industrial buyer, typically foreign, for lack of other options. ....

Kanta Hame Region , Eteläuomen Läi , Johannes Schulman , Alexander Ehrnrooth , Finnish Venture Capital Association , Nasdaq Inc , Virala Acquisition Company Oyj , Acquisition Company Oyj , Viking Venture , Chief Executive Officer Alexander , காந்தா ஹேம் பகுதி , ஜோஹன்னஸ் ஸ்சுழ்மான் , பின்னிஷ் துணிகர மூலதனம் சங்கம் , நாஸ்டாக் இன்க் , வைக்கிங் துணிகர , தலைமை நிர்வாகி அதிகாரி அலெக்சாண்டர் ,

Geothermal startups get another boost from Chevron as the oil giant backs a geothermal project developer – TechCrunch


Geothermal startups get another boost from Chevron as the oil giant backs a geothermal project developer
The U.S.-based oil major Chevron is doubling down on its investment in geothermal power by investing in a Swedish developer of low-temperature geothermal and heat power projects called Baseload Capital.
Oil companies are under pressure to find new lines of business as the world prepares for a massive shift to renewable energy resources to power all aspects of industry in the face of mounting climate-related disasters caused by greenhouse gas emissions warming the temperature on the planet.
Joining Chevron in the investment was the ubiquitous billionaire-backed clean energy investment firm Breakthrough Energy Ventures and a Swedish investment group called Gullspang Invest AB. ....

Vastra Gotalands Lan , United States , Alexander Helling , Dandelion Energy , Breakthrough Energy Ventures , Greenfire Energy , Fervo Energy , Gullspang Invest , Sage Geosystems , Chief Executive Officer Alexander , ஒன்றுபட்டது மாநிலங்களில் , அலெக்சாண்டர் நரகத்தில் , டேன்டேலியன் ஆற்றல் , திருப்புமுனை ஆற்றல் முயற்சிகள் , முனிவர் புவி அமைப்புகள் , தலைமை நிர்வாகி அதிகாரி அலெக்சாண்டர் ,