Kirkland Advises Power & Digital Infrastructure Acquisition on Upsized $300 Million IPO
Kirkland & Ellis counseled Power & Digital Infrastructure Acquisition Corp., a blank check company sponsored by XPDI Sponsor LLC and focused on identifying a target in North America within the renewable and transition energy sector, on the pricing of its upsized initial public offering of 30,000,000 units at a price of $10 per unit. The units will be listed on The Nasdaq Capital Market and trade under the ticker symbol “XPDIU” beginning Feb. 10, 2021.
Read XPDI Sponsor’s press release
The Kirkland team was led by capital market partners Debbie Yee and Lance Hancock and associates Austin Elliott and Charles Inclan; transactional partners Rick Campbell and Ben Adelson and associates Randy Santa Ana and Christian Mahre; and tax partners Mike Beinus and Scott Fryman.