Hecate Energy To Go Public in $1.2B SPAC Deal

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Executives frame a transformational step

“Our partnership with EGH and its experienced team and the public listing resulting from a successful completion of our combination represent a transformational milestone for Hecate,” said Chris Bullinger, president and CEO of Hecate. He said access to public capital markets would accelerate development and monetization while providing flexibility to evolve into an independent power producer generating long-term, recurring cash flows.

Drew Lipsher, chief executive officer of EGH, said Hecate’s portfolio and execution track record position it well to meet soaring demand from data centers, hyperscalers and other major power consumers. He added that the company is “uniquely positioned to capitalize on this opportunity and deliver meaningful long-term value.”

As Hecate Energy To Go Public, the merger underscores a broader wager: that the race to power the digital economy will reward those who can build, scale and finance energy infrastructure fast enough to keep the lights on.

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