M&A Deal Summary |
|
|---|---|
| Date | 2011-12-05 |
| Target | Renovalia Reserve |
| Sector | Renewable Energy |
| Buyer(s) |
First Reserve
Renovalia Energy |
| Deal Type | Joint Venture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1983 |
| PE ASSETS | 32.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
First Reserve is a specialist private equity firm focused on investments in energy companies. First Reserve targets equity investments of $50 to $500 million in companies valued from $100 million to $10 billion. Target areas of interest within the energy industry include energy manufacturing and services (drilling service providers and wellhead equipment manufacturers), energy infrastructure, energy reserves, renewable energy and alternative fuels, and energy related insurance and financial products. First Reserve was established in 1983 and is based in Stamford, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 70 of 112 |
| Sector: Renewable Energy M&A | 8 of 11 |
| Type: Joint Venture M&A Deals | 3 of 5 |
| Country: Spain M&A | 3 of 3 |
| Year: 2011 M&A | 7 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-10-11 |
First ECA Midstream
Charleston, West Virginia, United States First ECA Midstream is a joint venture formed with Energy Corporation of America (“ECA”) to own natural gas gathering systems serving the Marcellus Shale. The two initial pipelines, newly constructed in Greene and Clearfield counties in Pennsylvania, operate under long term, fixed-rate take-or-pay contracts. The joint venture is also exploring opportunities to develop new or expand existing pipelines in the region. First ECA Midstream is headquartered in Charleston, West Virginia, U.S. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-12-07 |
Umcebo Mining Pty.
Johannesburg, South Africa Umcebo is a mining company with coal mining interests in Witbank, in the province of Mpumalanga, South Africa and with major deposits in the Wonderfontein and Delmas areas of South Africa. Umcebo and its subsidiaries currently own and/or operate eight collieries in the Witbank coalfield, producing various products for Eskom, the domestic market and export markets. An additional colliery will be brought on stream in the near future. Umcebo has the necessary expertise to plan, develop, staff and manage coal mining operations. Umcebo qualifies as a black-empowered company as defined by the Minerals and Petroleum Resources Development Act and the Mining Charter of South Africa. |
Sell | руб.900M |
Renovalia Energy specializes in the promotion, production, management and sale of electricity generated through renewable energy sources (wind power, photovoltaic power and small hydro power). Renovalia Energy was founded in 1998 and is based in Madrid, Spain.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Renewable Energy M&A | 1 of 1 |
| Type: Joint Venture M&A Deals | 1 of 1 |
| Country: Spain M&A | 1 of 1 |
| Year: 2011 M&A | 1 of 1 |
