M&A Deal Summary

NTEC Acquires Cloud Peak Energy

On August 20, 2019, NTEC acquired metals/mining company Cloud Peak Energy

Acquisition Highlights
  • This is NTEC’s 1st transaction in the Metals/Mining sector.
  • This is NTEC’s 1st transaction in the United States.
  • This is NTEC’s 1st transaction in Wyoming.

M&A Deal Summary

Date 2019-08-20
Target Cloud Peak Energy
Sector Metals/Mining
Buyer(s) NTEC
Deal Type Special Situations/Distressed

Target

Cloud Peak Energy

Gillette, Wyoming, United States
website
Cloud Peak Energy is a coal producer company. The company owns and operates three surface coal mines in the powder river basin region of the United States. Cloud Peak Energy was formed in 1993 and is based in Gillette, Wyoming.

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Buyer(S) 1

Buyer

NTEC

Broomfield, Colorado, United States

website


Category Company
Sector Metals/Mining
DESCRIPTION

NTEC owns and operates coal mines. The Company supplies coal to power plants based in Broomfield, Colorado.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Special Situations/Distressed) 1 of 1
State (Wyoming) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1