M&A Deal Summary |
|
|---|---|
| Date | 2009-05-01 |
| Target | Reliant Energy Texas Retail |
| Sector | Utilities |
| Buyer(s) | NRG |
| Sellers(s) | Reliant Energy Retail Holdings |
| Deal Type | Divestiture |
| Deal Value | 288M USD |
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NRG is a wholesale power generation company. NRG engages in the ownership, development, construction, and operation of power generation facilities; the transacting in and trading of fuel and transportation services; and the trading of energy, capacity and related products in the US and select international markets. NRG was formed in 1989 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 16 |
| Sector (Utilities) | 3 of 7 |
| Type (Divestiture) | 2 of 4 |
| State (Texas) | 2 of 7 |
| Country (United States) | 3 of 15 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 7 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-10-03 |
Texas Genco Holdings
Houston, Texas, United States Texas Genco Holdings, Inc., based in Houston, Texas, is an electric power generating company with over 14,000 megawatts of generation capacity. It sells electric generation capacity, energy and ancillary services in one of the nation's largest power markets, the Electric Reliability Council of Texas (ERCOT). Texas Genco has one of the most diversified generation portfolios in Texas, using natural gas, oil, coal, lignite, and uranium fuels. The company owns and operates 60 generating units at 11 electric power-generating facilities and owns a 30.8 percent interest in a nuclear generating plant. |
Buy | $5.8B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-09-16 |
Green Mountain Energy Company
Austin, Texas, United States Green Mountain,a retail provider of cleaner energy and carbon offset solutions, was founded in 1997 “to change the way power is made.” The company is the longest serving green power marketer in the U.S. and in 2009 was ranked the “Highest in Texas Business Customer Satisfaction with Retail Electric Service” by J.D. Power and Associates. Green Mountain offers consumers and businesses the choice of clean electricity products from renewable sources such as wind and water, as well as a variety of carbon offset products. Green Mountain customers have collectively helped avoid over 11.3 billion pounds of carbon dioxide emissions. |
Buy | $350M |
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | Utilities |
Reliant Energy Retail Holdings LLC, provides energy innovation and working to simplify and enhance the way you power your home, your business and your life.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Utilities) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
