As part of the deal, equity holders in the privately held AleAnna will roll over their existing holdings into the newly combined entity. AleAnna has also secured almost $175 million in investment from various investors, underscoring the market’s confidence in its future potential.
The boards of directors for both AleAnna and Swiftmerge have approved the merger. William Dirks, executive director of AleAnna, highlighted that the merger would “allow us to leverage the capital markets on our path to becoming a leading provider of both conventional and renewable natural gas.”
The transaction is expected to close by December, pending customary closing conditions and approval from Swiftmerge’s shareholders. Once finalized, the combined entity will be renamed AleAnna Inc., marking a significant milestone in the company’s journey toward leading the clean energy transition.
