# CO2 Energy Transition Corp.

CO2 Energy Transition Corp. is an Asset Manager based in Houston, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Houston, United States
- **Region:** North America
- **Address:** Houston, TX, United States
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** co2et.com

## Regulatory record

- **Reports private funds:** No

## About

CO2 Energy Transition Corp. was formed in 2021 as a special purpose acquisition company, filing its S-1 with the SEC in September of that year. CEO Brady Rodgers, who previously held roles at energy-focused investment platforms, partnered with Chairperson R. Larkin Martin, an Alabama-based landowner and agricultural operator whose family farming business spans multiple generations. The vehicle priced its IPO in December 2021, raising $57.5 million by offering 5.75 million units at $10.00 each. The firm's mandate is narrowly drawn: identify and merge with a business advancing carbon capture, utilization, and storage (CCUS), renewable fuels, or broader decarbonization technologies. Rodgers stated in the initial prospectus that the team would prioritize targets with established revenue streams — a departure from pre-revenue cleantech SPACs that later impaired. The SPAC structure limits deployment to a single business combination, with proceeds held in trust until a deal is announced. Under the original terms, the firm had until June 2024 to complete a merger, a window that required a shareholder extension vote to remain operational. A February 2023 proxy filing revealed that the firm had narrowed its search but had not yet signed a definitive agreement, citing diligence delays typical of complex industrial-energy transactions. The trust account held approximately $59 million at that point after redemptions, and shareholders approved an extension to June 2024. The team size remains lean — SEC filings show a board-heavy governance structure with Rodgers and Martin supported by four independent directors with backgrounds in energy finance, geology, and public-company operations. The SPAC's structural differentiator is its board composition rather than sponsor scale. Unlike celebrity-backed or bulge-bracket SPAC teams, CO2 Energy Transition Corp. relies on operating-seasoned directors with direct experience in subsurface science and agricultural land management — two domains relevant to carbon-sequestration project economics. This operator-heavy governance contrasts with the sponsor-heavy model that generated a wave of post-merger litigation across other 2021-vintage SPACs.

## Sectors

- Energy Transition & Renewables
- ClimateTech

## People

- Brady Rodgers — Chief Executive Officer
- R. Larkin Martin — Chairperson of the Board

## Questions

### What is CO2 Energy Transition Corp.'s current status?

As of its most recent SEC filing in early 2023, the firm had not completed a business combination and was actively engaged in due diligence on an undisclosed target. The SPAC received shareholder approval to extend its combination deadline to June 2024. Until a definitive agreement is announced, the trust proceeds remain held with a trustee, and the entity trades as a publicly listed shell company.

### How does the firm's sector focus differ from other energy-transition SPACs?

CO2 Energy Transition Corp. drew a specific boundary around carbon capture, utilization, and storage and adjacent decarbonization technologies, rather than the broader 'energy transition' label many peers adopted. CEO Brady Rodgers explicitly communicated a preference for businesses with demonstrated revenue — a signal the team sought to avoid pre-revenue technology risk that damaged other 2020–2021 SPACs. This revenue requirement naturally points toward midstream or industrial-process targets rather than early-stage direct-air-capture startups.

### What experience does the CEO bring to energy-transition investing?

Brady Rodgers previously worked at energy-focused investment platforms, including roles tied to upstream and midstream capital allocation. His background centers on energy-finance transactions rather than climate-policy or technology development — a profile suited to structuring acquisitions of industrial-scale decarbonization assets rather than incubating new technologies.

### Does the firm have disclosed ties to any particular energy operator or sponsor?

No. Unlike energy-transition SPACs affiliated with major private equity platforms or corporate strategic sponsors, CO2 Energy Transition Corp. filed as an independent vehicle without a disclosed anchor institutional sponsor or pre-identified pipeline of acquisition candidates from a parent organization.

## Related profiles

- [Grown Rogue International](https://altss.com/profile/grown-rogue-international-inc)
- [Martin Midstream Partners](https://altss.com/profile/martin-midstream-partners-lp)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/co2-energy-transition-corp

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology