M&A Deal Summary |
|
|---|---|
| Date | 2014-11-07 |
| Target | Exelon -Fore River Energy Center |
| Sector | Renewable Energy |
| Buyer(s) | Calpine |
| Sellers(s) | Exelon |
| Deal Type | Divestiture |
| Deal Value | 530M USD |
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Calpine Corporation is America’s largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Company fleet of 80 power plants in operation or under construction represents approximately 26,000 megawatts of generation capacity. Through wholesale power operations and retail businesses Calpine Energy Solutions and Champion Energy, Company serve customers in 25 states, Canada and Mexico. Calpine clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner. Company are uniquely positioned to benefit from the secular trends affecting our industry, including the abundant and affordable supply of clean natural gas, environmental regulation, aging power generation infrastructure and the increasing need for dispatchable power plants to successfully integrate intermittent renewables into the grid.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 9 |
| Sector (Renewable Energy) | 5 of 6 |
| Type (Divestiture) | 4 of 6 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 5 of 8 |
| Year (2014) | 2 of 2 |
| Size (of disclosed) | 4 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-07-03 |
Calpine Six Southeast Power Plants
United States Calpine Six Southeast Power Plants, comprises 3,498 MW of combined-cycle generation capacity in Oklahoma, Louisiana, Alabama, Florida and South Carolina. |
Sell | $1.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-10-01 |
Champion Energy Marketing
Houston, Texas, United States Champion Energy Marketing LLC is a retail electric provider. |
Buy | $240M |
Exelon is a competitive U.S. power energy provider. Company power generators, with approximately 35,000 megawatts of owned capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. Exelon was founded in 1999 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 6 |
| Sector (Renewable Energy) | 3 of 3 |
| Type (Divestiture) | 2 of 4 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 4 of 6 |
| Year (2014) | 3 of 3 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-05-15 |
Safe Harbor Hydroelectric Facility
Pennsylvania, United States Safe Harbor Hydroelectric Facility generates an average of 1,100 GWh annually and possesses storage capabilities that support daily operations and dispatch during peaking hours. It is one of the major conventional hydroelectric facilities in Pennsylvania-New Jersey-Maryland Interconnection. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-10 |
ETC ProLiance Energy
Indianapolis, Indiana, United States ETC ProLiance Energy LLC manages a natural gas marketing company and provides natural gas supply and management services. |
Buy | - |
