Four Firms Lead NET Power’s $1.5 Billion Clean-Energy SPAC

At least four law firms are working on technology company NET Power, LLC’s go-public merger with a special purpose acquisition company targeting the clean-power market.

Mintz PC is advising Durham, North Carolina-based NET Power, while Kirkland & Ellis is advising the SPAC, Rice Acquisition Corp. II. The SPAC is backed by energy industry veteran Daniel Rice, who led natural gas explorer Rice Energy, Inc., according to a statement.

Vinson & Elkins served as legal counsel to the capital markets advisers and placement agents in the transaction. White & Case said it’s representing Occidental Petroleum, NET Power’s largest shareholder.

NET Power ...