Seward & Kissel represents EEW Renewables Ltd in connection with its business combination agreement with Compass Digital Acquisition Corp.
Seward & Kissel is pleased to have represented (“EEW” or the “Company”) in connection with its business combination agreement with Compass Digital Acquisition Corp. (Nasdaq: CDAQ) (“CDAQ”). The companies announced this week that they have entered into a definitive business combination agreement. EEW is a global utility-scale renewable energy project developer with diversified operations across Europe and Australia. Since its founding in 2012, EEW has leveraged over a decade of experience to successfully develop approximately 1.5 GW of renewable energy projects. The Company operates a streamlined platform with specialized expertise in key renewable technologies, including solar PV, BESS, and green hydrogen development. Compass Digital Acquisition Corp. is a blank check company incorporated in the Cayman Islands on March 8, 2021. CDAQ was formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. CDAQ is an early stage and emerging growth company and, as such, is subject to all risks associated with early stage and emerging growth companies. The Seward & Kissel deal team was led by Keith Billotti, co-head of the Capital Markets group, and he was assisted by James Abbott, Holt Goddard and Madison Pesce. For more details, please refer to the press release highlighting this transaction, available here.