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11.02.2021    News

Alvarium advises Decarbonisation Plus Acquisition Corporation (DCRB) on its merger with Hyzon Motors

Over the last three months, Alvarium have been working as advisor to a number of SPACs and are pleased to report the latest result, the merger of the Riverstone Decarbonisation Plus Acquisition Corporation (DCRB) SPAC with Hyzon Motors, with an implied EV of the combined company of $2.1 billion.

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Hyzon Motors is pure-play, independent, mobility company focused exclusively on the hydrogen heavy duty commercial vehicle market, specifically fleet-based heavy duty transport. Following the merger the combined business will seek to expand its reach and improve its technology in order to further the adoption of hydrogen heavy duty vehicles. and with it the push towards net-zero emissions.

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