M&A Deal Summary |
|
---|---|
Date | 2013-06-13 |
Target | Central Hudson Enterprises |
Sector | Oil/Gas Exploration |
Buyer(s) | Fortis |
Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
Fortis is a distribution utility in Canada, serving more than 2 million gas and electricity customers. Its regulated holdings include electric utilities in five Canadian provinces and two Caribbean countries and a natural gas utility in British Columbia. Fortis owns non?regulated hydroelectric generation assets in Canada, Belize and Upstate New York. Fortis also owns hotels and commercial real estate in Canada. Fortis was formed in 1977 and is based in St. John's, Newfoundland. Fortis was incorporated in 1885 and is based in Saint John's, Canada.
DEAL STATS | # |
---|---|
Overall | 7 of 10 |
Sector (Oil/Gas Exploration) | 1 of 1 |
Type (Add-on Acquisition) | 6 of 9 |
State (New York) | 1 of 2 |
Country (United States) | 3 of 6 |
Year (2013) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-05-30 |
Central Vermont Public Service
Rutland, Vermont, United States Central Vermont Public Service Corp. is engaged principally in the purchase, production, transmission, distribution and sale of electricity. CVPS serves nearly 160,000 customers in about two-thirds of the cities and towns throughout the state of Vermont. |
Buy | $700M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-06-27 |
CH Energy Group
Poughkeepsie,, New York, United States CH Energy Group is an energy delivery company. Its regulated transmission and distribution subsidiary Central Hudson serves approximately 300,000 electric and 75,000 natural gas customers in eight counties of New York State's Mid‑Hudson River Valley, delivering natural gas and electricity in a 2,600-square-mile service territory that extends north from the suburbs of metropolitan New York City to the Capital District around Albany. |
Buy | $1.5B |