Explore All 450 Add-on Acquisition Utilities Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | February 10, 2010 |
| Target | Allegheny Energy |
| Sector | Utilities |
| Buyer(s) | FirstEnergy |
| Deal Type | Add-on Acquisition |
| Deal Value | 4.7B USD |
| Advisor(s) | Goldman Sachs (Financial) Skadden, Arps, Slate, Meagher & Flom (Legal) |
FILTER BY
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Utilities |
| Employees | 12,294 |
| Revenue | 13.5B USD (2024) |
FirstEnergy is a diversified energy company dedicated to safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes a investor-owned electric systems and a diverse generating fleet with a total capacity of nearly 18,000 megawatts. FirstEnergy was founded in 1996 and is based in Akron, Ohio.
| Deal Context for Buyer | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Utilities | 3 of 3 |
| Type: Add-on Acquisition | 3 of 3 |
| State: Pennsylvania | 1 of 1 |
| Country: United States | 2 of 2 |
| Year: 2010 | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-11-07 |
GPU
Morristown, New Jersey, United States GPU, Inc., a utility holding company. GPU provides electric utilities services. |
Buy | $4.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-11-22 |
Richland-Stryker Generation
Defiance, Ohio, United States Richland and Stryker are 444 MW and 20 MW simple cycle power plants in Northwest Ohio. The projects participate in the PJM forward capacity market and sell power on a merchant basis. |
Sell | $80M |
