Out of 60 sectors in the Mergr database, utilities ranked 45 in number of deals in 2005. The largest utilities acquisition in 2005 was Texas Genco Holdings - which was acquired by NRG Energy for $5.8B.
Join Mergr to view all 20 acquisitions of utilities companies in 2005, including 9 acquisitions by private equity firms, and 11 by strategics.
301 McKinney Street,
Houston, Texas 77010
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.
Texas Genco Holdings was acquired by NRG Energy on October 3, 2005.
Join Mergr to view this profile - and discover more utilities acquisitions of companies like Texas Genco Holdings.
We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.
Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.
Try us for 1 week free today!
No obligation. Cancel anytime.