We are a newly organized blank check company incorporated as a Cayman Islands exempted company. Although we may pursue an initial business combination with any business in any industry and any geographic location, we intend to target opportunities and companies that focus on environmentally sound infrastructure, industrial applications and disruptive technologies that eliminate or mitigate GHG (greenhouse gas) emissions and/or enhance resilience to climate change, a thematic that we refer to as Mitigation and Adaptation. Rapidly growing societal and political focus on these critical issues has driven considerable corporate, institutional and governmental initiatives, underpinning expected capital allocation to the sector of $2.4 to $4.5 trillion per year, as estimated by the Intergovernmental Panel on Climate Change (“IPCC”) and the International Renewable Energy Agency (“IRENA”), which we believe sets the stage for significant opportunities for Peridot.

Alan Levande, our chairman and CEO, is a career energy executive with broad experience across the power, utilities, renewables, midstream and upstream value chains. Most recently, Mr. Levande was Co-Chief Executive Officer of Covey Park Energy LLC, a natural gas company that was acquired for $2.2 billion in 2019 by a public company.