ECP Environmental Growth Opportunities Corporation (NASDAQ: ENNV.U) is a blank check company focused on businesses located in North America that concentrate on combatting climate change by decreasing the carbon intensity of energy production, increasing the efficiency of industrial and consumer-related activities, expanding electricity storage and distribution, and improving the overall sustainability of the economy through efforts to lower pollution and increase beneficial reuse. Specifically, our investment thesis can be viewed through two thematic lenses: (i) from the transition to electric-powered technologies across the economy (“electrification”) and (ii) from sustainable technology and services.
Our management team brings decades of investing and operating experience that has enabled them to spot trends and develop innovative perspectives, which have supported the development of industries focused on facilitating the broad energy transition and providing environmental solutions. We will seek to leverage ECP’s and our directors’ and officers’ vast transactional experience, deep sector knowledge, extensive proprietary sourcing networks, and investment acumen in identifying, evaluating, negotiating and completing the types of transactions that we plan to pursue for our initial business combination.
On July 19, ENNV entered into a definitive business combination agreement with Fast Radius, a first of its kind cloud manufacturing and digital supply chain company.