M&A Deal Summary |
|
|---|---|
| Date | 2010-04-21 |
| Target | Conectiv Energy Holding |
| Sector | Utilities |
| Buyer(s) | Calpine |
| Sellers(s) | Pepco Holdings |
| Deal Type | Divestiture |
| Deal Value | 1.7B USD |
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Calpine Corporation is America’s largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Company fleet of 80 power plants in operation or under construction represents approximately 26,000 megawatts of generation capacity. Through wholesale power operations and retail businesses Calpine Energy Solutions and Champion Energy, Company serve customers in 25 states, Canada and Mexico. Calpine clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner. Company are uniquely positioned to benefit from the secular trends affecting our industry, including the abundant and affordable supply of clean natural gas, environmental regulation, aging power generation infrastructure and the increasing need for dispatchable power plants to successfully integrate intermittent renewables into the grid.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 9 |
| Sector (Utilities) | 1 of 2 |
| Type (Divestiture) | 1 of 6 |
| State (Delaware) | 1 of 1 |
| Country (United States) | 2 of 8 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-01-11 |
Calpine Windy Point Wind Farm
Goldendale, Washington, United States The Windy Point/Windy Flats project is located in Goldendale, Washington, along the Columbia River some 100 miles (160 km) east of Portland, Oregon, 70 miles (100 km) south of Yakima, Washington, and 100 miles (160 km) west of the Tri-Cities. The terrain is generally rolling with an elevation of 1,620 feet (494 m) at the airport. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-10-29 |
Calpine - Freestone Energy Center
Texas, United States Calpine Corp., Freestone Energy Center is a natural gas fired power plant that has a production capacity of 1,038 megawatts. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1896 |
| Sector | Utilities |
| Employees | 5,125 |
| Revenue | 4.9B USD (2014) |
Pepco Holdings, Inc. is an energy delivery companies in the Mid-Atlantic region, serving about 2 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power, and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI also provides energy efficiency and renewable energy services through Pepco Energy Services.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Utilities) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Delaware) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
