M&A Deal Summary

Dominion Energy Acquires E.ON North America - 20-megawatt solar facility

On May 1, 2015, Dominion Energy acquired renewable energy company E.ON North America - 20-megawatt solar facility from E.ON North America

Acquisition Highlights
  • This is Dominion Energy’s 10th transaction in the Renewable Energy sector.
  • This is Dominion Energy’s 20th transaction in the United States.
  • This is Dominion Energy’s 2nd transaction in California.

M&A Deal Summary

Date 2015-05-01
Target E.ON North America - 20-megawatt solar facility
Sector Renewable Energy
Buyer(s) Dominion Energy
Sellers(s) E.ON North America
Deal Type Divestiture

Target

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Buyer(S) 1

Buyer

Dominion Energy

Richmond, Virginia, United States

Category Company
Founded 1983
Sector Utilities
Employees17,700
Revenue 14.4B USD (2023)
DESCRIPTION
Dominion's corporate headquarters in downtown Richmond, Virginia.
Dominion's corporate headquarters in downtown Richmond, Virginia.

Dominion Energy is a producer and transporter of energy, with a portfolio of approximately 25,700 megawatts of electric generation, 15,000 miles of natural gas transmission, gathering, storage, and distribution pipeline, and 6,600 miles of electric transmission and distribution lines. Dominion Energy was founded in 1983 and is based in Richmond, Virginia.


DEAL STATS #
Overall 20 of 27
Sector (Renewable Energy) 10 of 14
Type (Divestiture) 16 of 20
State (California) 2 of 4
Country (United States) 20 of 27
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-15 HelioSage Energy - 20 Megawatt Solar Facility

United States

HelioSage Energy - 20 Megawatt Solar Facility is located in Twiggs County near Jeffersonville, Ga. It has secured a 20-year power purchase agreement (PPA) and interconnection agreements with Georgia Power. An engineering, procurement, construction (EPC) contract has also been signed.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-16 Community Energy - 80-Megawatt Solar Facility

Virginia, United States

Community Energy's 80-Megawatt Solar Facility is a provider of renewable energy services.

Buy -

Seller(S) 1

SELLER

E.ON North America

New York, New York, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

E.ON North America LLC is a provider of energy services in US.


DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1