We intend to initially focus our search on identifying a prospective target business in North America within the renewable and transition energy sector, with a focus on pursuing growth opportunities that are driving the electrical power grid transition, both on the electrical supply and on the demand side for high-intensity electrical users, as well as seeking co-optimization opportunities between supply and demand, of the electrical grid in the United States.

(Note: Power & Digital Infrastructure Acquisition II Corp. priced its SPAC IPO on Dec.9, 2021, in sync with the terms in its prospectus: 25 million units at $10 each to raise $250 million.)