Trans Bay Cable - Ownership and Business Overview

Energy Services And EquipmentCompany

Trans Bay Cable Ownership

Who owns Trans Bay Cable?

Trans Bay Cable is owned by NextEra Energy. It was acquired on November 19, 2018.

Trans Bay Cable Business Overview

Where is Trans Bay Cable headquartered?

Trans Bay Cable is headquartered in San Francisco, California.

What sector is Trans Bay Cable in?

Trans Bay Cable is an energy services and equipment company.

Energy Services And Equipment M&A Summary in 2018

Out of 60 sectors in the Mergr database, energy services and equipment ranked 19 in number of deals in 2018. The largest energy services and equipment acquisition in 2018 was Andeavor - which was acquired by Marathon Petroleum for $35.6B.

Join Mergr to view all 116 acquisitions of energy services and equipment companies in 2018, including 31 acquisitions by private equity firms, and 85 by strategics.

Trans Bay Cable LLC

One Letterman Drive, C5-100,
San Francisco, California 94129
United States,
(415) 291-2300
www.transbaycable.com

Trans Bay Cable LLC is a 53-mile, high-voltage direct current underwater transmission cable system with utility rates set by the Federal Energy Regulatory Commission (FERC) and revenues paid by the California Independent System Operator. The cable system extends from Pittsburg, California, to San Francisco, California, and provides approximately 40 percent of the electrical power used on a daily basis in San Francisco and its surrounding areas. TBC was developed and approved in response to a 1998 blackout in the Bay Area, which demonstrated a need for the greater resiliency of the electric grid in that region.


Company Summary

SECTOR

Energy Services and Equipment

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