ThomasLloyd to Go Public via $850M SPAC Merger with Roman DBDR Acquisition Corp. II
ThomasLloyd Climate Solutions will merge with Roman DBDR Acquisition Corp. II to accelerate growth in sustainable energy and AI data center markets. The transaction, valuing ThomasLloyd at $850 million, is expected to close in the second half of 2026. The new entity will be named Thomas Lloyd Climate Solutions Holdings PLC, listed on Nasdaq as TCSG.
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ThomasLloyd Climate Solutions will merge with Roman DBDR Acquisition Corp. II in a deal valued at $850 million, aimed at enhancing its sustainable energy solutions and AI data center market presence. Following the merger, both firms will become subsidiaries of a new holding company in England and Wales, named Thomas Lloyd Climate Solutions Holdings PLC, which will list on Nasdaq under ticker TCSG.
The transaction is set to close in the second half of 2026. It is expected to generate over $240 million in gross proceeds and may reach a total value of $1.5 billion through earnouts. ThomasLloyd has developed projects with approximately 28GW of power generation capacity and aims to provide energy solutions that reduce costs by up to 30%.
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