LONDON, July 20 (Reuters) - SPEAR Investments I (SPR1.AS), a special purpose acquisition company (SPAC), is in advanced discussions to acquire QEV Technologies, a Spanish electric vehicle firm, at a valuation of 209 million euros ($234 million), the companies said on Thursday. The deal will see QEV Technologies, which recently won a tender to operate a former Nissan manufacturing facility in Barcelona, merge into SPEAR Investments I and trade on the Amsterdam bourse. SPEAR Investment I, backed by corporate finance houses STJ Advisors and AZ Capital, listed in Amsterdam in late 2021. The planned merger will see QEV Technologies' existing shareholder Inveready make a further investment in the company alongside new investors to help support its growth. ($1 = 0.8929 euros)Reporting by Pablo Mayo Cerqueiro in London; editing by Alexandra HudsonOur Standards: The Thomson Reuters Trust Principles.

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Persons: Pablo Mayo, Alexandra Hudson Organizations: Investments, AS, QEV Technologies, QEV, Nissan, Amsterdam bourse, STJ Advisors, AZ Capital, El, Pablo Mayo Cerqueiro, Alexandra Hudson Our, Thomson Locations: Spanish, Barcelona, Amsterdam, London