Onyx Acquisition Co. I Announces Update on Potential Business Combination and Increased Sponsor Contribution
New York, NY, Jan. 18, 2023 (GLOBE NEWSWIRE) — Onyx Acquisition Co. I (Nasdaq:ONYXU, ONYX, ONYXW) (“Onyx” or the “Company”) announced today that it is in advanced discussions with Helios Investment Partners (“Helios”) about a potential business combination which would result in the creation of a new publicly listed energy transition infrastructure platform, Helios Energy Transition Infrastructure (“HETI”), focused on the development of natural gas and low-carbon energy infrastructure businesses and assets in Africa (the “Proposed Transaction”).