Divestiture • Renewable Energy

Ameren Acquires Invenergy Renewables - 150 Megawatt Solar Facility

On February 16, 2022, Ameren acquired renewable energy company Invenergy Renewables - 150 Megawatt Solar Facility from Invenergy Renewables

Acquisition Context
  • This is Ameren’s 2nd transaction in the Renewable Energy sector.
  • This is Ameren’s 5th transaction in the United States.
  • This is Ameren’s 4th transaction in Illinois.

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M&A Deal Summary

Date February 16, 2022
Target Invenergy Renewables - 150 Megawatt Solar Facility
Sector Renewable Energy
Buyer(s) Ameren
Sellers(s) Invenergy Renewables
Deal Type Divestiture

Target Company

Invenergy Renewables - 150 Megawatt Solar Facility

Chicago, Illinois, United States
Invenergy's 150-megawatt solar facility project is being developed in southeastern Illinois.
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Buyer Overview 1

Buyer

Ameren

St. Louis, Missouri, United States

Category Company
Founded 1881
Sector Utilities
Employees8,981
Revenue 7.6B USD (2024)
DESCRIPTION
Entrance to Ameren's corporate headquarters in St. Louis, Missouri.
Entrance to Ameren's corporate headquarters in St. Louis, Missouri.

Ameren is a utility holding company. Ameren operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. Ameren was founded in 1881 and is based in St. Louis, Missouri.


Deal Context for Buyer #
Overall 5 of 5
Sector: Renewable Energy 2 of 2
Type: Divestiture 3 of 3
State: Illinois 4 of 4
Country: United States 5 of 5
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Northeast Missouri 400-megawatt Project

Missouri, United States

Northeast Missouri 400-megawatt (MW) Project is a wind energy center that provides renewable energy services.

Buy -

Seller Profile 1

SELLER

Invenergy Renewables

Chicago, Illinois, United States

Category Company
Founded 2001
Sector Renewable Energy
DESCRIPTION

Invenergy Renewables develops, owns, and operates power generation and energy storage facilities in North America and Europe. Company have a proven track record in establishing and maintaining longstanding, profitable relationships with utilities, suppliers, and the communities in which our projects are located. Invenergy Renewables was founded in 2001 and is based in Chicago, Illinois.


Deal Context for Seller #
Overall 7 of 7
Sector: Renewable Energy 6 of 6
Type: Divestiture 6 of 6
State: Illinois 3 of 3
Country: United States 6 of 6
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 Jayhawk Wind Farm

United States

Jayhawk Wind, a wind energy project expected to generate up to 195 megawatts of clean, homegrown energy. Local wind data confirms that the area under consideration is ideal for a project of this size, which will produce enough safe, pollution-free energy to power up to 70,260 U.S. homes every year.

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