Published by Global Banking & Finance Review®
Posted on February 27, 2026
1 min readLast updated: April 2, 2026
Add as preferred source on GoogleThomasLloyd Climate Solutions plans to list on Nasdaq via a merger with SPAC Roman DBDR, targeting completion in H2 2026 and implying a pro-forma valuation of about $1.5bn. The deal taps investor appetite for power and grid-linked renewables as AI-driven data-center electricity demand is projected t
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)
ThomasLloyd Climate Solutions has agreed a merger with Roman DBDR, a SPAC already listed in the United States.
The company plans a Nasdaq listing following completion of the merger.
The listing is planned after the merger is completed in the second half of 2026.
The statement said the future company could have a total valuation of $1.5 billion.
The article says energy demand from data centres for artificial intelligence is seen as a growth driver.
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