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Swiss renewable energy company ThomasLloyd eyes US public listing

Published by Global Banking & Finance Review

Posted on February 27, 2026

1 min read

· Last updated: April 2, 2026

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Swiss renewable energy company ThomasLloyd eyes US public listing
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ZURICH, Feb 27 (Reuters) - Swiss renewable energy company ThomasLloyd Climate Solutions plans to go public in the United States and has agreed a merger with an acquisition vehicle, or SPAC, already

ThomasLloyd Plans US Listing Amid Renewable Energy Expansion

ZURICH, Feb 27 (Reuters) - Swiss renewable energy company ThomasLloyd Climate Solutions plans to go public in the United States and has agreed a merger with an acquisition vehicle, or SPAC, already listed there, it said on Friday.

ThomasLloyd's Strategic Move to Nasdaq

A Nasdaq listing is planned following the completion of the merger with Roman DBDR in the second half of 2026. The future company could have a total valuation of $1.5 billion, a statement said.

Merger Details and Future Valuation

Energy demand of data centres for artificial intelligence is seen as a growth driver.

Growth Drivers in Renewable Energy

"We're witnessing a fundamental transformation in how the world thinks about energy infrastructure and resources - what started as climate concerns has evolved into an urgent economic and national security imperative, particularly as AI and data centers reshape energy demand patterns," said Michael Sieg, founder and CEO of ThomasLloyd.

Global Energy Infrastructure Transformation

(Reporting by Oliver Hirt and Matthias Williams, editing by Thomas Seythal)

Key Takeaways

  • Deal structure: ThomasLloyd is pursuing a US public listing through a SPAC combination with Roman DBDR, with closing targeted for the second half of 2026 and a stated potential valuation of ~$1.5bn.
  • Macro tailwind: The IEA forecasts global data-centre electricity consumption rising from ~415 TWh in 2024 to ~945 TWh by 2030, with AI a primary driver and the US a major contributor to incremental demand. (iea.org)
  • Why it matters for renewables: Rising data-centre load is reshaping power-market investment priorities—supporting demand for new generation and grid infrastructure—while also highlighting constraints that could bottleneck AI expansion if power supply and transmission don’t keep up. (ft.com)

References

Frequently Asked Questions

Which company does ThomasLloyd plan to merge with for its US listing?
ThomasLloyd Climate Solutions has agreed a merger with Roman DBDR, a SPAC already listed in the United States.
Where is ThomasLloyd planning to list after the merger?
The company plans a Nasdaq listing following completion of the merger.
When is the Nasdaq listing expected to occur?
The listing is planned after the merger is completed in the second half of 2026.
What valuation is cited for the future combined company?
The statement said the future company could have a total valuation of $1.5 billion.
What growth driver does ThomasLloyd cite for energy demand?
The article says energy demand from data centres for artificial intelligence is seen as a growth driver.

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