Add-on Acquisition • Utilities

EIF-NEC Acquires Hess NEC

On June 20, 2014, EIF-NEC acquired utilities company Hess NEC

Acquisition Context
  • This is EIF-NEC’s 1st transaction in the Utilities sector.
  • This is EIF-NEC’s 1st transaction in the United States.
  • This is EIF-NEC’s 1st transaction in New Jersey.

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M&A Deal Summary

Date June 20, 2014
Target Hess NEC
Sector Utilities
Buyer(s) EIF-NEC
Deal Type Add-on Acquisition

Target Company

Hess NEC

Newark, New Jersey, United States
Hess NEC LLC is a privately held company operates a gas-fired electricity generating facility.
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Buyer Overview 1

Buyer

EIF-NEC

Massachusetts, United States

Category Company
Founded 02494
Sector Utilities
DESCRIPTION

EIF-NEC LLC is a privately held company owns and operates gas fired power plants.


Deal Context for Buyer #
Overall 1 of 1
Sector: Utilities 1 of 1
Type: Add-on Acquisition 1 of 1
State: New Jersey 1 of 1
Country: United States 1 of 1
Year: 2014 1 of 1