Canada’s Li-Cycle Holdings is the latest special acquisition vehicle (SPAC) to emerge in clean energy around the US stock market, a specialist in recycling lithium-ion batteries. The deal was announced in February and completed this week in a merger with Peridot Acquisition. It will trade on the New York stock market as LICY from this week. The deal will see the company taking around $580 million in cash to fund its expansion across the global battery market, where it has deals to 2030 with 40 commercial operations, which will guarantee considerable growth and include 14 of the largest global automotive and battery manufacturers. Much of that money will come in the form of a Private Investment in Public Equity (PIPE)…