Nabors Energy Transition Corp. II is a special purpose acquisition company (SPAC) sponsored by Nabors Industries Ltd., with common units listed on the NASDAQ under the ticker NETDW. Established in 2021 and incorporated in Delaware, the firm was formed to identify, acquire and merge with one or more businesses operating in the energy transition sector. By partnering with established and emerging companies, it seeks to facilitate the decarbonization of power generation and industrial processes worldwide.
The company’s mandate covers a range of technologies and solutions, including renewable energy platforms, green hydrogen production, carbon capture and storage systems, electrification infrastructure, and related downstream services. Through its blank-check structure, Nabors Energy Transition Corp. II is positioned to deploy capital and strategic resources to companies that offer scalable solutions addressing climate change and sustainability challenges.
While headquartered in Houston, Texas, the SPAC’s search criteria are not limited by geography; it considers targets across North America, Europe and other global markets. Its flexible approach allows the management team to evaluate opportunities in established hubs of clean-energy innovation as well as in markets undergoing rapid regulatory and technological shifts.
The company is overseen by a board and management team drawn from Nabors Industries, leveraging decades of experience in drilling technology, energy infrastructure and capital markets. By combining Nabors’ operational expertise and industry relationships with the financial structuring capabilities of a public listing, Nabors Energy Transition Corp. II aims to deliver value for shareholders and contribute to the growth of sustainable energy solutions.
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