M&A Deal Summary |
|
|---|---|
| Date | 2011-01-01 |
| Target | Duke-American Transmission Co. |
| Sector | Utilities |
| Buyer(s) |
American Transmission Co.
Duke Energy |
| Deal Type | Joint Venture |
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| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Utilities |
American Transmission Co. owns and operates high-voltage electric transmission systems that provide the pathway for power into communities. American Transmission Co. was founded in 2001, as the first multi-state, transmission-only utility in the United States. Unlike most other utilities, Company have a single focus: transmission. Company transmission system allows energy producers to transport electric power from where it’s generated to where it’s needed. It’s similar to the interstate highway system, with high-voltage electricity traveling on the transmission system wires like vehicles on the highway.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Joint Venture M&A Deals | 1 of 1 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2011 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1904 |
| Sector | Energy Services and Equipment |
| Employees | 27,859 |
| Revenue | 30.4B USD (2024) |
Duke Energy is an electric power holding company that regulates utility operations that serves approximately 4 million customers located in five states in the Southeast and Midwest, representing a population of approximately 11 million people. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States. Duke Energy was incorporated in 1904 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 12 |
| Sector: Utilities M&A | 1 of 2 |
| Type: Joint Venture M&A Deals | 2 of 2 |
| State: North Carolina M&A | 2 of 4 |
| Country: United States M&A | 4 of 11 |
| Year: 2011 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-21 |
DukeNet Communications
Charlotte, North Carolina, United States DukeNet, based in Charlotte, N.C., is a regional fiber optic network company serving customers in North Carolina and South Carolina, as well as five other states in the Southeast. With a fiber optic network of over 8,700 miles, DukeNet provides data and high-capacity bandwidth services to wireless carrier, data center, government, and enterprise customers. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-01 |
Cimarron 2 Wind Project
United States
|
Buy | - |
