M&A Deal Summary

Dominion Energy Acquires Kyocera - Solar Project in Somers

On October 22, 2013, Dominion Energy acquired renewable energy company Kyocera - Solar Project in Somers from Kyocera

Acquisition Highlights
  • This is Dominion Energy’s 2nd transaction in the Renewable Energy sector.
  • This is Dominion Energy’s 10th transaction in the United States.
  • This is Dominion Energy’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2013-10-22
Target Kyocera - Solar Project in Somers
Sector Renewable Energy
Buyer(s) Dominion Energy
Sellers(s) Kyocera
Deal Type Divestiture

Target

Kyocera - Solar Project in Somers

Somers,, Connecticut, United States
Kyocera - Solar Project in Somers, comprises a solar project producing approximately 5 megawatts (AC) of electricity spread over an area of approximately 90 leased acres.

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

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 10 of 27
Sector (Renewable Energy) 2 of 14
Type (Divestiture) 6 of 20
State (Connecticut) 1 of 1
Country (United States) 10 of 27
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-30 Brayton Point Holdings

Somerset, Massachusetts, United States

Brayton Point Holdings LLC is a fossil generating facility. The facility is an efficient, reliable, clean, and safe producer of electricity with a seasonal weighted capacity of 1,557 megawatts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-11 Dominion Resources - Retail Electric Business

Plano, Texas, United States

Dominion's retail electric business serves more than 600,000 customers in northern states from Illinois to New York, while its Cirro Energy brand is focused on Texas. A regulated electric utility that serves nearly 2.4 million customers in the state.

Sell -

Seller(S) 1

SELLER

Kyocera

Kyoto, Japan
Category Company
Founded 1959
Sector Diversified
Employees78,490
Revenue 2.03T JPY (2023)
DESCRIPTION
Kyocera trade show booth at the 2014 IMTS show in Chicago.
Kyocera trade show booth at the 2014 IMTS show in Chicago.

Kyocera Corporation is a multinational conglomerate known for its diverse array of products and services, spanning advanced ceramics and electronic components to office equipment and telecommunications technology. The company leverages its core expertise in fine ceramic technology to innovate across various industries, including solar energy, medical devices, and industrial tools. Kyocera was founded in 1959 and is based in Kyoto, Japan.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-06 NEC Toppan Circuit Solutions

Minato-Ku, Japan

NEC Toppan Circuit Solutions, Inc. is a printed circuit board (PCB) manufacturing company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-30 SGS Tool

Munroe Falls, Ohio, United States

SGS Tool Co. is a manufacturer of cutting tools for machining in various industrial fields including automotive, aerospace, energy, general industrial machines and medical related products.

Buy -
Mergr

Product

Company

Legal