M&A Deal Summary

GridLiance GP Acquires Valley Electric Association - Transmission System

On September 15, 2016, GridLiance GP acquired utilities company Valley Electric Association - Transmission System from Valley Electric Association

Acquisition Highlights
  • This is GridLiance GP’s 1st transaction in the Utilities sector.
  • This is GridLiance GP’s 1st transaction in the United States.
  • This is GridLiance GP’s 1st transaction in Nevada.

M&A Deal Summary

Date 2016-09-15
Target Valley Electric Association - Transmission System
Sector Utilities
Buyer(s) GridLiance GP
Sellers(s) Valley Electric Association
Deal Type Divestiture

Target

Valley Electric Association - Transmission System

Pahrump, Nevada, United States
Valley Electric Association, Inc. - Transmission System is a provider of electric utilities services in US.

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Buyer(S) 1

Buyer

GridLiance GP

Chicago, Illinois, United States

Category Company
Founded 2014
Sector Energy Services and Equipment
DESCRIPTION

GridLiance GP LLC is an independent transmission company focused on working with municipal utilities, joint action agencies and electric cooperatives to solve transmission issues and manage transmission costs.


DEAL STATS #
Overall 1 of 2
Sector (Utilities) 1 of 2
Type (Divestiture) 1 of 2
State (Nevada) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-02 Electric Energy - Electric Transmission Assets

Illinois, United States

Electric Energy, Inc. - Electric Transmission Assets comprises six 161-kV transmission lines that cross the Ohio River and related substation infrastructure.

Buy -

Seller(S) 1

SELLER

Valley Electric Association

Pahrump, Nevada, United States

Category Company
Founded 1965
Sector Utilities
DESCRIPTION

Valley Electric Association, Inc. is a provider of electric service to more than 45,000 people within a vast 6,800-square-mile service area located primarily along the California-Nevada border, with the majority in Nevada.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1