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M&A Deal Summary

Enel Acquires Amec Foster Wheeler Italiana S.r.l.

On June 5, 2017, Enel acquired renewable energy company Amec Foster Wheeler Italiana S.r.l. from Amec Foster Wheeler

Acquisition Highlights
  • This is Enel’s 3rd transaction in the Renewable Energy sector.
  • This is Enel’s 1st transaction in Italy.

M&A Deal Summary
Date 2017-06-05
Target Amec Foster Wheeler Italiana S.r.l.
Sector Renewable Energy
Buyer(s) Enel
Sellers(s) Amec Foster Wheeler
Deal Type Divestiture

Target

Amec Foster Wheeler Italiana S.r.l.

Corsico, Italy
Amec Foster Wheeler Italiana S.r.l. is the owner of two wind farms in Italy’s southern region of Campania with a total installed capacity of 54.5 MW. The two plants, which generate approximately 90 GWh per year, are located in the municipalities of Vallesaccarda (22.5 MW) and Scampitella (32 MW), in the province of Avellino and they have been in operation since 2006 and 2008 respectively.

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Buyer(S) 1

Buyer

Enel

Rome, Italy
Category Company
Founded 1962
Sector Utilities
Employees60,905
Revenue 92.9B EUR (2023)
DESCRIPTION

Enel is an electric utility operator. The Company is engaged in the generation, distribution and sale of electricity primarily in Europe. Enel was founded in 1962 and is based in Rome, Italy.

DEAL STATS #
Overall 3 of 7
Sector (Renewable Energy) 3 of 4
Type (Divestiture) 2 of 2
Country (Italy) 1 of 2
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-24 BLP Energy Pvt.

New Delhi, India

BLP Energy Pvt. Ltd. is a clean energy generation company builds, owns and operates a renewable energy power plants to generate clean energy through renewable sources namely wind; solar; bio mass and hydro.

Buy €30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-22 EnerNOC

Boston, Massachusetts, United States

EnerNOC, Inc. is a provider of energy intelligence software and related solutions. EnerNOC unlocks the full value of energy management for utility and commercial, institutional, and industrial customers by delivering a comprehensive suite of demand-side management services that reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions.

Buy $300M

Seller(S) 1

SELLER

Amec Foster Wheeler

London, United Kingdom
Category Company
Founded 1848
Sector Engineering
Employees40,000
Revenue 4.0B GBP (2014)
DESCRIPTION
Amec Foster Wheeler office in Houston, Texas.
Amec Foster Wheeler office in Houston, Texas.

Amec Foster Wheeler plc serves the oil & gas, clean energy, environment & infrastructure and mining markets with consultancy, engineering, project management, operations and construction services, project delivery and specialized power equipment services. Amec Foster Wheeler was formed in 1848 and is based in London.

DEAL STATS #
Overall 3 of 3
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 3 of 3
Country (Italy) 1 of 1
Year (2017) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-29 Aquenta Consulting Pty

Brisbane, Australia

Aquenta Consulting Pty Ltd. is a provider of independent cost, contract and consulting services to the oil and gas, mining, building, transport, utilities and infrastructure sectors, with an excellent track record of success and high levels of repeat business for major regional and global customers.

Sell -
Mergr

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