Black Bear Power, LLC owns a 50% interest in Bangor-Pacific Hydro Associates, a 13 MW run-of-the-river hydro generation facility that began commercial operations in 1988. The facility sells 100% of its output to Bangor Hydro Electric Company under a long-term power purchase agreement.
Black Bear Power was acquired by ArcLight Capital Partners on September 18, 2018.
Join Mergr to view all 126 acquisitions of energy services and equipment companies in 2006, including 61 acquisitions by private equity firms, and 65 by strategics.
Out of 60 sectors in the Mergr database, energy services and equipment ranked 14 in number of deals in 2006. The largest energy services and equipment acquisition in 2006 was Cinergy - which was acquired by Duke Energy for $9.0B.
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