M&A Deal Summary

Atlantic Power Acquires Epsilon Power

On September 1, 2005, Atlantic Power acquired utilities company Epsilon Power from ArcLight Capital Partners

Acquisition Highlights
  • This is Atlantic Power’s 1st transaction in the Utilities sector.
  • This is Atlantic Power’s 1st transaction in the United States.
  • This is Atlantic Power’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2005-09-01
Target Epsilon Power
Sector Utilities
Buyer(s) Atlantic Power
Sellers(s) ArcLight Capital Partners
Deal Type Add-on Acquisition

Target

Epsilon Power

Carney's Point, New Jersey, United States
Epsilon Power, LLC owned a partnership interest in a 262 MW pulverized coal-fired cogeneration facility located at the DuPont’s Chambers Works chemical complex in Carney’s Point, New Jersey.

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Buyer(S) 1

Buyer

Atlantic Power

Dedham, Massachusetts, United States

Category Company
Founded 2004
Sector Utilities
Employees266
Revenue 282M USD (2019)
DESCRIPTION

Atlantic Power Corp. is a power generation and infrastructure company with a well-diversified portfolio of assets in the United States and Canada. Atlantic Power was formed in 2004 and is based in Dedham, Massachusetts.


DEAL STATS #
Overall 1 of 4
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 3
Year (2005) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-20 Capital Power Income

Edmonton, Alberta, Canada

Capital Power Income L.P. (CPILP) portfolio includes 19 wholly-owned power generation assets located in Canada and the United States and a 50.15 per cent interest in a power generation asset in Washington State. CPILP's assets have a total net generating capacity of 1,400 MW and more than four million pounds per hour of thermal energy.

Buy -

Seller(S) 1

SELLER

ArcLight Capital Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Infrastructure
Founded 2001
PE ASSETS 25.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

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 4 of 28
Sector (Utilities) 2 of 5
Type (Add-on Acquisition) 1 of 9
State (New Jersey) 2 of 3
Country (United States) 4 of 26
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-02-23 Sinerg

Paris, France

Courant Sinerg Holdings, SAS (Societe d?Investissement en Energie) is a French energy services company that owns and manages over 40 operating cogeneration, thermal and wind power plants throughout France. These plants represent over 200 MWe of capacity, which is mainly sold to Electricite de France under long-term contracts. SINERG is managed as part of the NeoElectra platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-29 Canyon Farm Funding

San Diego County, California, United States

Canyon Farm Funding was formed in September 2005 to invest in Gregory Canyon, a landfill development asset located in northern San Diego County, California.

Buy -