Broad River Energy - Ownership and Business Overview

Renewable EnergyCompany

Broad River Energy Ownership

Who owns Broad River Energy?

Broad River Energy is owned by Onward Energy. It was acquired on November 17, 2022.

Was Broad River Energy formerly PE-backed?

Yes. Broad River Energy was formerly owned by 3 private investors.

Broad River Energy Business Overview

Where is Broad River Energy headquartered?

Broad River Energy is headquartered in Gaffney, South Carolina.

What sector is Broad River Energy in?

Broad River Energy is a renewable energy company.

Renewable Energy M&A Summary in 2022

Out of 60 sectors in the Mergr database, renewable energy ranked 32 in number of deals in 2022. The largest renewable energy acquisition in 2022 was Archaea Energy - which was acquired by BP for $4.1B.

Join Mergr to view all 76 acquisitions of renewable energy companies in 2022, including 20 acquisitions by private equity firms, and 56 by strategics.

Broad River Energy

Broad River Energy

1124 Victory Trail Road ,
Gaffney, South Carolina 29340
United States,
(864) 761-3023
www.broadriverenergy.com

Broad River Energy is an 850 MW dual-fuel, simple-cycle power generation facility located in Gaffney, South Carolina that is fully committed to Duke Energy Progress under two long-term tolling agreements. Broad River utilizes 5 GE 7FA.03 gas turbine generators for the generation of electrical power. The units can be on the grid and supplying power within 15 minutes to help serve peak and emergency loads.


Company Summary

SECTOR

Renewable Energy

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