Proterra — EV transit/school buses + commercial battery systems
Proterra completes ArcLight Clean Transition SPAC merger ($1.6B EV; $648M cash, $415M PIPE). NASDAQ: PTRA Jun 15, 2021. EV transit/school buses + commercial battery systems. Filed Ch. 11 August 2023.
$1.60B
Deal Value
Battery Storage
Technology
CA
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Proterra (NASDAQ: PTRA)
- Buyer / Financier
- ArcLight Clean Transition + $415M PIPE
- Deal Value
- $1.6B EV; $648M cash (incl. $415M PIPE)
- Stage
- Growth
- ISO/RTO
- CAISO
- Source
- PRNewswire / Proterra
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