M&A Deal Summary |
|
|---|---|
| Date | 2010-11-01 |
| Target | UK Power Networks Holdings |
| Sector | Utilities |
| Buyer(s) |
Power Assets Holdings
CK Infrastructure Li Ka Shing Foundation |
| Sellers(s) | EDF Energy |
| Deal Type | Divestiture |
| Deal Value | 5.8B GBP |
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| Category | Company |
|---|---|
| Founded | 1889 |
| Sector | Renewable Energy |
| Employees | 13 |
| Revenue | 1.3B HKD (2023) |
Power Assets Holdings is a provider in power and utility-related businesses with investments in electricity generation, transmission and distribution, renewable energy, energy from waste and gas distribution. Power Assets Holdings was founded in 1889 and is based in Central, China.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 13 |
| Sector (Utilities) | 7 of 11 |
| Type (Divestiture) | 2 of 3 |
| Country (United Kingdom) | 3 of 4 |
| Year (2010) | 3 of 3 |
| Size (of disclosed) | 1 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-06-04 |
Seabank Power
Bristol,, United Kingdom Seabank owns and operates Seabank Power Station, which comprises two combined-cycle gas turbine generation units with an aggregate capacity of approximately 1,140 MW. |
Buy | £108M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-02-28 |
Meridian Cogeneration Plant
Lloydminster, Alberta, Canada Meridian Cogeneration Plant operates a natural gas-fired cogeneration plant with an installed capacity of 220 megawatts. |
Buy | CA$91M |
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Infrastructure |
| Employees | 2,407 |
| Revenue | 6.0B HKD (2023) |
CK Infrastructure is a global infrastructure company that aims to make the world a better place through a variety of infrastructure investments and developments in different parts of the world. CK Infrastructure was founded in 1996 and is based in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 22 |
| Sector (Utilities) | 9 of 14 |
| Type (Divestiture) | 3 of 4 |
| Country (United Kingdom) | 5 of 7 |
| Year (2010) | 4 of 4 |
| Size (of disclosed) | 1 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-06-04 |
Seabank Power
Bristol,, United Kingdom Seabank owns and operates Seabank Power Station, which comprises two combined-cycle gas turbine generation units with an aggregate capacity of approximately 1,140 MW. |
Buy | £108M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-02-28 |
Meridian Cogeneration Plant
Lloydminster, Alberta, Canada Meridian Cogeneration Plant operates a natural gas-fired cogeneration plant with an installed capacity of 220 megawatts. |
Buy | CA$91M |
Li Ka Shing Foundation Ltd. is a charitable institution that helps communities to build better standards of living.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 5 |
| Sector (Utilities) | 1 of 3 |
| Type (Divestiture) | 1 of 2 |
| Country (United Kingdom) | 2 of 4 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-08-31 |
North England Gas Distribution Network
United Kingdom EG is one of the 8 major gas distribution networks in the United Kingdom. Its network extends south from the Scottish border to South Yorkshire, containing a mixture of large cities (Newcastle, Middlesborough, Leeds and Bradford) and a significant rural area including North Yorkshire and Cumbria. It comprises approximately 36,000 km of distribution gas mains, with a total gas demand of 94 TWh. The network serves a total population of 6.7 million. |
Buy | £1.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-10-14 |
NWL
Durham, United Kingdom NWL provides water and sewerage services in the north east of England under the brand name Northumbrian Water and water services in the south east under the brand name Essex & Suffolk Water. It serves 2.7 million people in the north with water and sewerage services and 1.8 million people in the south with water services. NWL is based in Durham, United Kingdom. |
Buy | £2.4B |
| Category | Company |
|---|---|
| Sector | Energy Services and Equipment |
| Employees | 14,800 |
EDF Energy is one of the UK’s largest energy companies and its largest producer of low-carbon electricity. A wholly-owned subsidiary of the EDF Group, one of Europe's largest energy groups, we generate around one fifth of the UK's electricity and employ around 15,000 people. We supply electricity and gas to around 5.5 million residential and business customers, making us the biggest supplier of electricity by volume.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 2 |
| Sector (Utilities) | 1 of 1 |
| Type (Divestiture) | 1 of 2 |
| Country (United Kingdom) | 1 of 2 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-02-03 |
British Energy
East Kilbride, United Kingdom British Energy is a biggest producer of electricity and together provides power to a quarter of the country’s population. With a current installed capacity of around 16.5GW, it supplies gas and electricity to over 5.5 million business and residential customers from our nuclear, coal and gas power stations, as well as combined heat and power plants and wind farms. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-31 |
West Burton Energy
Retford, United Kingdom West Burton Energy is an independent power producer and a leading supplier of electricity. West Burton Energy operates a 1332 MW Combined Cycle Gas Turbine (CCGT) power station, a 49MW battery, and has a permitted site for a planned Open Cycle Gas Turbine (OCGT) project. West Burton Energy is based in Retford, England. |
Sell | - |
