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  6. Gas South Acquires Infinite Energy

M&A Deal Summary

Gas South Acquires Infinite Energy

On October 20, 2020, Gas South acquired utilities company Infinite Energy

Acquisition Highlights
  • This is Gas South’s 2nd transaction in the Utilities sector.
  • This is Gas South’s 2nd transaction in the United States.
  • This is Gas South’s 2nd transaction in Florida.

M&A Deal Summary
Date 2020-10-20
Target Infinite Energy
Sector Utilities
Buyer(s) Gas South
Deal Type Add-on Acquisition

Target

Infinite Energy

Gainesville, Florida, United States
Infinite Energy provides retail natural gas service in Georgia, Florida, Ohio, and New Jersey as well as retail electricity service in Texas. It also serves large industrial users able to take advantage of energy choice in other states.

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Buyer(S) 1

Buyer

Gas South

Atlanta, Georgia, United States
Category Company
Sector Utilities
DESCRIPTION

Gas South LLC is a provider of natural gas in competitive markets throughout the southeastern U.S., serving more than 300,000 residential, business and governmental customers in Georgia, Florida, North Carolina and South Carolina.

DEAL STATS #
Overall 2 of 2
Sector: Utilities M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-09 Peninsula Energy Services Co. - Florida Retail Operations

Winter Haven, Florida, United States

Peninsula Energy Services Co. Inc. (PESCO) - Florida Retail Operations provide clear, accurate and timely billing along with a wide variety of supply and pricing options.

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