M&A Deal Summary |
|
|---|---|
| Date | 2021-08-12 |
| Target | Public Service Enterprise Group - 6 750-Megawatt Fossil Generating Portfolio |
| Sector | Utilities |
| Buyer(s) | ArcLight Capital Partners |
| Sellers(s) | Public Service Enterprise Group |
| Deal Type | Divestiture |
| Deal Value | 1.9B USD |
SEARCH BY
| Category | Infrastructure |
|---|---|
| Founded | 2001 |
| PE ASSETS | 20.0B USD |
| Size | Mega |
| Type | Sector Focused |
ArcLight Capital Partners is private equity firm that invests in energy assets and businesses. Specific areas of interest include power generation; oil, natural gas, coal extraction and production; midstream gathering, processing, storage and transportation of oil, natural gas, coal; energy transportation; and energy distribution companies. ArcLight's geographic coverage includes opportunities across North America, Western Europe, and Australia/New Zealand. ArcLight was formed in 2001 and has offices in Boston and Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 93 of 102 |
| Sector: Utilities M&A | 10 of 12 |
| Type: Divestiture M&A Deals | 6 of 8 |
| State: New York M&A | 4 of 4 |
| Country: United States M&A | 80 of 87 |
| Year: 2021 M&A | 2 of 4 |
| Size (of disclosed) | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-22 |
NGPL
Houston, Texas, United States NGPL is a natural gas pipeline company and a transporter of natural gas, especially to the Chicago area market and the Gulf Coast, where it feeds LNG export facilities. NGPL provides access to all major supply basins through its own network and interconnections. NGPL is based in Houston, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-10 |
Inspiration
Washington, District of Columbia, United States Inspiration is a purpose-built EV solutions company. Its mission is to accelerate the electrification of transportation by partnering with fleet businesses to finance vehicles and deliver turnkey charging solutions to enable the rapid deployment of reliable, low-cost, zero-emissions EV fleets. Inspiration was founded in 2021 and is based in Washington, DC. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1985 |
| Sector | Utilities |
| Employees | 12,543 |
| Revenue | 10.3B USD (2024) |
Public Service Enterprise Group is a diversified energy company that provides electric and gas service – serving 2.4 million electric and 1.9 million natural gas customers. The company owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power generating units in NJ and PA. Public Service Enterprise Group was founded in 1985 and is based in Newark, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-01 |
Ocean Wind 1
Atlantic City, New Jersey, United States Ocean Wind 1 is an offshore wind project delivering 1,100 MW of clean, reliable energy. Ocean Wind 1 is based in Atlantic City, New Jersey. |
Buy | - |
