--- title: "SPAC Energy-focused Spring Valley Acq. IV prices $200 million IPO" description: "Spring Valley Acquisition IV, a SPAC focused on power infrastructure and decarbonization, has priced its IPO at $200 million, offering 20 million shares at $10 each. The company, led by CEO Christophe" type: "news" locale: "en" url: "https://longbridge.com/en/news/275463195.md" published_at: "2026-02-10T13:03:58.000Z" --- # SPAC Energy-focused Spring Valley Acq. IV prices $200 million IPO > Spring Valley Acquisition IV, a SPAC focused on power infrastructure and decarbonization, has priced its IPO at $200 million, offering 20 million shares at $10 each. The company, led by CEO Christopher Sorrells, plans to list on Nasdaq under the symbol SVIVU. Previous SPACs by management include Spring Valley Acquisition III, which saw a 111% increase from its offer price, and Spring Valley Acquisition, which merged with NuScale Power in 2022, achieving a 77% gain. Spring Valley Acquisition IV, a blank check company targeting the power infrastructure and decarbonization industries, raised $200 million by offering 20 million shares at $10. Each unit consists of one share of common stock and one-fourth of one warrant, exercisable at $11.50. The company is led by **CEO and Chairman Christopher Sorrells**, the former Lead Director for Renewable Energy Group (now part of Chevron) and a former Operating Partner for Natural Gas Partners' NGP Energy Technology Partners. He is joined by **CFO Jeff Schramm**, the former CFO of Lehigh Technologies. Spring Valley Acquisition IV plans to target the power infrastructure and decarbonization industries. Management's previous SPACs include **Spring Valley Acquisition III** (SVACU; +111% from $10 offer price), **Spring Valley Acquisition II** (SVII; -10%), which has a pending merger agreement with uranium explorer and SMR developer Eagle Energy Metals, and **Spring Valley Acquisition**, which completed its combination with nuclear tech developer NuScale Power (SMR; +77%) in 2022. Spring Valley Acquisition IV plans to list on the Nasdaq under the symbol SVIVU. Cohen & Company Securities and Clear Street acted as joint bookrunners on the deal. ### Related Stocks - [EVX.US - VanEck Environmental Services ETF](https://longbridge.com/en/quote/EVX.US.md) - [IGF.US - iShares S&P Global Infra](https://longbridge.com/en/quote/IGF.US.md) - [PAVE.US - Glob X US Infra](https://longbridge.com/en/quote/PAVE.US.md) - [ENFR.US - Alerian Energy Infrastructure ETF](https://longbridge.com/en/quote/ENFR.US.md) - [XLU.US - Select Sect Spdr Util](https://longbridge.com/en/quote/XLU.US.md) - [GRID.US - Fisr Trust Nasdaq Clean Edge Smart Grid Infra](https://longbridge.com/en/quote/GRID.US.md) - [SVAC.US - Spring Valley Acquisition III](https://longbridge.com/en/quote/SVAC.US.md) - [SMR.US - NuScale Power](https://longbridge.com/en/quote/SMR.US.md) - [JXI.US - ISHRS S&P Glb Utilities](https://longbridge.com/en/quote/JXI.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Constellation Energy und CyrusOne schließen Vertrag über 380-Megawatt-Stromversorgung für neues Rechenzentrum in Texas | Constellation Energy Corporation has announced that its subsidiary, Calpine LLC, has signed a new 380-megawatt contract | [Link](https://longbridge.com/en/news/275320810.md) | | Entergy hikes spending plan as data center demand grows | U.S. electric utility Entergy has increased its long-term capital expenditure plan by $2 billion to meet rising demand f | [Link](https://longbridge.com/en/news/275795500.md) | | Bloom Energy Corp SEC 10-K Report | Bloom Energy Corp has released its annual Form 10-K report, highlighting significant financial growth with total revenue | [Link](https://longbridge.com/en/news/275371369.md) | | ecobee’s Grid Resiliency Service Unlocks 2.8 GW of Capacity in the U.S. and Canada \| GNRC Stock News | ecobee's Grid Resiliency service has successfully delivered 108 MW of capacity during the Summer 2025 peak demand season | [Link](https://longbridge.com/en/news/275502626.md) | | Eltel Q4 net sales rise 5.7%, EBITA improves; says confident of profitability target | Nordic infrastructure service provider Eltel reported a 5.7% increase in Q4 net sales year-on-year, with adjusted EBITA | [Link](https://longbridge.com/en/news/275862085.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.