M&A Deal Summary

California Pacific Electric Acquires Electrical generation & distribution utility

On January 1, 2011, California Pacific Electric acquired utilities company Electrical generation & distribution utility from NV Energy for 132M USD

Acquisition Highlights
  • This is California Pacific Electric’s 1st transaction in the Utilities sector.
  • This is California Pacific Electric’s largest (disclosed) transaction.
  • This is California Pacific Electric’s 1st transaction in the United States.

M&A Deal Summary

Date 2011-01-01
Target Electrical generation & distribution utility
Sector Utilities
Buyer(s) California Pacific Electric
Sellers(s) NV Energy
Deal Type Divestiture
Deal Value 132M USD

Target

Electrical generation & distribution utility

United States
Electrical generation & distribution utility,LLC engages in the distribution and generation of electricity.

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Buyer(S) 1

Buyer

California Pacific Electric

South Lake Tahoe, California, United States

website


Category Company
Sector Utilities
DESCRIPTION

California Pacific Electric Co. provides water, natural gas, and electric transmission and distribution services.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

NV Energy

Las Vegas, Nevada, United States

website


Category Company
Founded 1906
Sector Energy Services and Equipment
Employees2,699
DESCRIPTION

NV Energy, Inc. provides a wide range of energy services to 1.3 million customers throughout Nevada and nearly 40 million tourists annually.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1