HOUSTON, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Peridot Acquisition Corp., a blank check company sponsored by an affiliate of Carnelian Energy Capital Management, L.P.  and formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit.

While the Company may pursue an initial business combination target in any business or industry, the Company intends to target companies that focus on environmentally sound infrastructure, industrial applications and disruptive technologies that eliminate or mitigate greenhouse gas (GHG) emissions and/or enhance resilience to climate change, a thematic that the Company refers to as Mitigation and Adaptation. The Company’s sponsor is an affiliate of Carnelian, an investment firm that focuses on opportunities in the North American energy space in partnership with best-in-class management teams.