Swiss renewable energy company ThomasLloyd eyes US public listing
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The Nasdaq logo is seen at the Nasdaq Market in New York City, U.S., September 16, 2025. REUTERS/Brendan McDermid
ZURICH, Feb 27 (Reuters) - Swiss renewable energy company ThomasLloyd Climate Solutions plans to go public in the United States and has agreed a merger with an acquisition vehicle, or SPAC, already listed there, it said on Friday.
A Nasdaq listing is planned following the completion of the merger with Roman DBDR in the second half of 2026. The future company could have a total valuation of $1.5 billion, a statement said.
Energy demand of data centres for artificial intelligence is seen as a growth driver.
"We're witnessing a fundamental transformation in how the world thinks about energy infrastructure and resources - what started as climate concerns has evolved into an urgent economic and national security imperative, particularly as AI and data centers reshape energy demand patterns," said Michael Sieg, founder and CEO of ThomasLloyd.
(Reporting by Oliver Hirt and Matthias Williams, editing by Thomas Seythal)
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