M&A Deal Summary

AEP Retail Energy Partners Acquires AEP Energy

On March 8, 2012, AEP Retail Energy Partners acquired energy services and equipment company AEP Energy

Acquisition Highlights
  • This is AEP Retail Energy Partners’ 1st transaction in the Energy Services and Equipment sector.
  • This is AEP Retail Energy Partners’ 2nd transaction in the United States.
  • This is AEP Retail Energy Partners’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2012-03-08
Target AEP Energy
Sector Energy Services and Equipment
Buyer(s) AEP Retail Energy Partners
Deal Type Add-on Acquisition

Target

AEP Energy

Chicago, Illinois, United States
AEP Energy, Inc.,will consist of two business units, energy supply and energy management. The energy supply business will be led by Jim Petersen and provide electricity supply for residential, commercial and industrial customers in Ohio, Illinois and other deregulated markets. AEP Energy also recently received approval to market natural gas to customers in Ohio. Energy management will be led by Scott Slisher and will continue providing energy solutions, including demand response and energy efficiency services, nationwide. Petersen and Slisher report to Greg Hall, president, AEP Energy Partners.

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Buyer(S) 1

Buyer

AEP Retail Energy Partners

Columbus, Ohio, United States

Category Company
Founded 2009
Sector Utilities
DESCRIPTION

AEP Retail Energy Partners LLC a subsidiary of American Electric Power Co., Inc. AEP provides electric services.


DEAL STATS #
Overall 2 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Illinois) 2 of 2
Country (United States) 2 of 2
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-08 BlueStar Energy Holdings

Chicago, Illinois, United States

BlueStar Energy Holdings Inc. is a Chicago-based electricity supplier.

Buy -