ThomasLloyd targets $1.5 billion US listing via SPAC

Swiss renewable energy firm ThomasLloyd plans to list on the Nasdaq via a merger with Roman DBDR. The deal values the company at $1.5 billion by late 2026.

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ThomasLloyd Climate Solutions, a renewable energy firm headquartered in Switzerland, has announced plans to pursue a public listing in the United States. The company confirmed on Friday that it has entered into a definitive merger agreement with a special purpose acquisition vehicle to facilitate the move.

The transaction involves a merger with Roman DBDR Acquisition Corp. II, which is already publicly traded. The parties expect to complete the merger in the second half of 2026, leading to a listing on the Nasdaq stock exchange.

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