M&A Deal Summary

APR Energy Acquires GE Power Rental

On October 23, 2013, APR Energy acquired energy services and equipment company GE Power Rental from GE Power & Water for 314M USD

Acquisition Highlights
  • This is APR Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is APR Energy’s largest (disclosed) transaction.
  • This is APR Energy’s 1st transaction in the United States.
  • This is APR Energy’s 1st transaction in Texas.

M&A Deal Summary

Date 2013-10-23
Target GE Power Rental
Sector Energy Services and Equipment
Buyer(s) APR Energy
Sellers(s) GE Power & Water
Deal Type Divestiture
Deal Value 314M USD

Target

GE Power Rental

Houston, Texas, United States
GE Power Rental is a turbine rental business based in Houston.

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Buyer(S) 1

Buyer

APR Energy

Jacksonville, Florida, United States

website


Category Company
Sector Utilities
DESCRIPTION

APR Energy provides cost-efficient reliable electricity, on a fast-track basis, anywhere in the world. Its leverage state-of-the art technology and industry-leading expertise to provide utility and industrial customers with fuel-efficient turnkey plants that are rapidly deployed, customizable, and scalable. APR Energy is based in Jacksonville, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

GE Power & Water

United States

website


Category Company
Sector Energy Services and Equipment
DESCRIPTION

GE Power & Water’s Distributed Power business.


DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-10 Doosan Engineering & Construction HRSG

South Korea

Doosan Engineering & Construction HRSG manufactures and distributes HRSGs (Heat Recovery Steam Generator) to combined-cycle power plants at home and abroad. The division has successfully installed and operated HRSGs not only for domestic combined-cycle power plants in Boryeong, Busan and Incheon, but also for combined-cycle power plants in various continents around the world, including Europe, Asia and Africa.

Buy $250M