Kekst CNC handles Decarbonization Plus Acquisition, a blank check company sponsored by Riverstone Holdings, which has inked a merger with Hyzon Motors in a deal worth more than $2B.
Rochester, NY-based Hyzon, a maker of hydrogen fuel cells to power commercial vehicles, is expected to be traded on the NASDAQ as a pure-play independent mobility company.
Richard Tichio, DCRB chair and Riverstone partner said the deal expands Riverstone’s 15-year franchise in low-carbon investments.
He said Hyzon is “a truly exceptional company that is decarbonizing the global economy, disrupting an established industry with the commercialization of innovative technologies and is well aligned with ESG principles.”
The Kekst CNC has Daniel Yunger, Brinton Williams, Hallie Wolff, Emma Cloyd, Jon Morgan and Jeffrey Taufield advising Riverstone and its SPAC.
Hyzon uses Hill+Knowlton Strategies for media work and ICR Inc. for outreach to the investment community.