Proterra Inc

Proterra Inc, an electric bus and commercial vehicle charging infrastructure company, reached the public markets through its merger with ArcLight Clean Transition Corp (Nasdaq: ACTC), a clean-energy SPAC sponsored by ArcLight Capital Partners that completed its IPO in 2020. Targeting the transportation electrification sector, Proterra filed for Chapter 11 bankruptcy protection in August 2023 and remained in active restructuring proceedings at the time of this February 2024 8-K submission. ArcLight Capital Partners is an energy-focused private equity firm that has sponsored multiple clean-transition blank-check vehicles. Sign up at SpacDesk for full access to filing histories, deal timelines, and sponsor analytics across the SPAC universe.