M&A Deal Summary

Centrica, DONG Energy AS and Statkraft AS Acquire Barrow Offshore Wind

On January 1, 2003, Centrica, DONG Energy AS and Statkraft AS acquired renewable energy company Barrow Offshore Wind

Acquisition Highlights
  • This is Centrica’s 1st, DONG Energy AS’s 1st and Statkraft AS’s 1st transaction in the Renewable Energy sector.
  • This is Centrica’s 2nd, DONG Energy AS’s 1st and Statkraft AS’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2003-01-01
Target Barrow Offshore Wind
Sector Renewable Energy
Buyer(s) Centrica
DONG Energy AS
Statkraft AS
Deal Type Add-on Acquisition

Target

Barrow Offshore Wind

Windsor, United Kingdom
Barrow Offshore Wind Ltd. located in the East Irish Sea. Company develops, owns, and operates a wind farm that produces electricity in the United Kingdom.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 3

Buyer

Centrica

Windsor, United Kingdom

Category Company
Founded 1812
Sector Utilities
Employees21,038
Revenue 19.9B GBP (2024)
DESCRIPTION

Centrica is a utility company that serves customers in the UK, North America, and Norway. Centrica aims to meet our customers’ energy needs and deliver long-term value to our shareholders. Centrica was founded in 1812 and is headquartered in Windsor, England.


DEAL STATS #
Overall 3 of 22
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 13
Country: United Kingdom M&A 2 of 11
Year: 2003 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-12 Energy America

Stamford, Connecticut, United States

Energy America sells gas and electricity to customers in Michigan, Ohio, Maryland, Pennsylvania, New Jersey and Georgia and is one of the largest and most successful unregulated retailers in the USA.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-22 Centrica Storage

East Yorkshire, Canada

Centrica Storage Limited (CSL), a wholly owned subsidiary of Centrica plc, has developed this website to keep you up-to-date with all the latest news and information about the Caythorpe Gas Storage project.

Buy £70M
Buyer

DONG Energy AS

Fredericia, Denmark

Category Company
Founded 1972
Sector Oil/Gas Exploration
Employees6,379
DESCRIPTION

DONG Energy is one of the energy groups in Northern Europe. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe.


DEAL STATS #
Overall 1 of 4
Sector: Renewable Energy M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 3
Country: United Kingdom M&A 1 of 2
Year: 2003 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Westermost Rough Offshore Wind Power Project

United Kingdom

Westermost Rough Offshore Wind Power Project,produces,Wind power generation business, 210MW (Siemens 6MW turbine x 35 units).

Buy -
Buyer

Statkraft AS

Oslo, Norway

Category Company
Sector Renewable Energy
Employees4,200
DESCRIPTION

Statkraft is a Europe’s largest generator of renewable energy. The Group produces hydropower, wind power, gas-fired power and district heating and is a global player in energy market operations. Statkraft has 4200 employees in more than 20 countries.


DEAL STATS #
Overall 1 of 3
Sector: Renewable Energy M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 3
Country: United Kingdom M&A 1 of 2
Year: 2003 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-23 E-WALD

Teisnach, Germany

E-WALD GmbH is an electric vehicle (EV) charging company operating around 300 charging stations and offering EV leasing services for circa 100 fleet cars to corporations and municipalities with approximately 7000 customers in total.

Buy -