Investment Summary

Centrica Invests In Energy America

On December 12, 2000, Centrica invested in utilities company Energy America from Sempra

Investment Highlights
  • This is Centrica’s 1st transaction in the Utilities sector.
  • This is Centrica’s 1st transaction in the United States.
  • This is Centrica’s 1st transaction in Connecticut.

Investment Summary
Date 2000-12-12
Target Energy America
Sector Utilities
Investor(s) Centrica
Sellers(s) Sempra
Deal Type Stake Purchase

Target

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.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Centrica

Windsor, United Kingdom
Category Company
Founded 1812
Sector Utilities
Employees21,432
Revenue 26.5B GBP (2023)
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 2 of 21
Sector (Utilities) 1 of 4
Type (Stake Purchase) 1 of 3
State (Connecticut) 1 of 1
Country (United States) 1 of 4
Year (2000) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-11-08 Petrolbusters.com

United Kingdom

Petrolbusters.com, which allows users to log in for free access to its website to find the UK's cheapest petrol in their area.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 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.

Buy -

Seller(S) 1

SELLER

Sempra

San Diego, California, United States
Category Company
Founded 1996
Sector Utilities
Employees16,835
Revenue 16.7B USD (2023)
DESCRIPTION
Sempra Energy's corporate headquarters in downtown San Diego, California.
Sempra Energy's corporate headquarters in downtown San Diego, California.

Sempra develops and operates critical energy infrastructure and provides gas and electricity services primarily in the Western United States. Sempra was founded in 1996 and is based in San Diego, California.

DEAL STATS #
Overall 1 of 9
Sector (Utilities) 1 of 3
Type (Stake Purchase) 1 of 2
State (Connecticut) 1 of 1
Country (United States) 1 of 7
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-18 The Twin Oaks Power facility

Texas, United States

The Twin Oaks Power facility, a 305-megawatt plant .Twin Oaks is considered to be one of the cleanest coal-fired power plants in Texas. The plant uses fluidized bed combustion technology and limestone injection to reduce nitrogen oxide and sulfur dioxide emissions.

Sell $480M
Mergr

Product

Company

Legal