M&A Deal Summary

APR Energy Acquires GE Power Rental

On October 23, 2013, APR Energy acquired energy services and equipment company GE Power Rental from GE Power & Water for 314M USD

Acquisition Highlights
  • This is APR Energy’s 1st transaction in the Energy Services and Equipment sector.
  • This is APR Energy’s largest (disclosed) transaction.
  • This is APR Energy’s 1st transaction in the United States.
  • This is APR Energy’s 1st transaction in Texas.

M&A Deal Summary
Date 2013-10-23
Target GE Power Rental
Sector Energy Services and Equipment
Buyer(s) APR Energy
Sellers(s) GE Power & Water
Deal Type Divestiture
Deal Value 314M USD

Target

GE Power Rental

Houston, Texas, United States
GE Power Rental is a turbine rental business based in Houston.

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Buyer(S) 1

Buyer

APR Energy

Jacksonville, Florida, United States
Category Company
Founded 2001
Sector Energy Services and Equipment
DESCRIPTION

APR Energy provides rapidly deployable, large-scale power and fast-track mobile power to underserved markets and industries. APR Energy's mobile, turnkey power plants help run cities, countries, and industries around the world in both developed and developing markets. APR Energy was founded in 2001 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

GE Power & Water

United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

GE Power & Water’s Distributed Power business.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-10 Doosan Engineering & Construction HRSG

South Korea

Doosan Engineering & Construction HRSG manufactures and distributes HRSGs (Heat Recovery Steam Generator) to combined-cycle power plants at home and abroad. The division has successfully installed and operated HRSGs not only for domestic combined-cycle power plants in Boryeong, Busan and Incheon, but also for combined-cycle power plants in various continents around the world, including Europe, Asia and Africa.

Buy $250M
Mergr

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