Company: PAII-WT
Filing Date: 2025-05-29
Form Type: DRS
Source: 0001213900-25-049013
Chunk: 22

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-05-29
Form: DRS
Chunk 22
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 2050, driven by favorable economics. We believe natural gas will continue to be a key component of the Energy Transition as it addresses the challenges stemming from intermittent renewable energy solutions while meeting the massive demand for power generation with relatively lower carbon emissions. Bloomberg forecasts that global electricity demand will grow by 75% through 2050. By 2035, the incremental demand from data centers alone represents approximately 1.2 GWh, of which more than 50% will come from conventional power generation. Accordingly, traditional fossil -fuelprocesses will represent $11 trillion in investment through 2035 (comprising upstream, midstream and downstream oil & gas investment), nearly doubling the $6 trillion investment from renewables. Not just a combustible resource, natural gas serves as a key enabler to many segments of the Energy Transition, such as the growth of hydrogen (H 2). Additionally, the continued use of natural gas will generate demand for products and services related to the decarbonization of natural gas, as well as its exploration & production, distribution, power generation, and steam methane reforming. Source: BloombergNEF, New Energy Output 2025 Although we may pursue an acquisition opportunity in any business or industry, our primary focus is to target companies that constitute critical links in the supply chain for, and/or service, the growing segments across the full spectrum of the Energy Transition. Specifically, we seek to focus on differentiated targets that provide critical minerals and materials, equipment, and/or technologies that support Energy Transition solutions across conventional to renewable energy. We believe that market leaders within these critical, high -growthsegments can deliver superior long -termreturns to equity investors. We believe that there are numerous investible sectors within the energy space which include, but are not limited to: ➤ Natural Gas—From initial production to power generation; Decarbonization technologies, as well as other products and services supporting the exploration and production of natural gas, down through the eventual use in power generation ➤ Supply Chain for Energy Transition—Critical minerals and materials used in various segments across the Energy Transition chain; Material science developments from carbon, hydrogen, etc. ➤ Decarbonization of Industrial Processes—Technologies reducing the carbon footprint of various industrial processes, including: traditional energy (including oil and gas), transportation and manufacturing

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➤ Alternative Fuels / Energy—Fuel cell technologies; Low -costH 2and CO 2transfer solutions; Hydrogen derivatives (ammonia, ethanol, syngas, etc.); H