Investment Summary

Hydro-Electric Invests In Momentum Energy Pty

On October 28, 2008, Hydro-Electric invested in energy services and equipment company Momentum Energy Pty

Investment Highlights
  • This is Hydro-Electric’s 1st transaction in the Energy Services and Equipment sector.
  • This is Hydro-Electric’s 1st transaction in Australia.

Investment Summary

Date 2008-10-28
Target Momentum Energy Pty
Sector Energy Services and Equipment
Investor(s) Hydro-Electric
Deal Type Stake Purchase

Target

Momentum Energy Pty

Melbourne, Australia
Momentum Energy Pty Ltd. is an energy retailer involved in providing solutions like generation and transmission.

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Investor(S) 1

Investor

Hydro-Electric

Hobart, Australia

Category Company
Founded 1914
Sector Utilities
DESCRIPTION

Hydro-Electric Corp. is involved in generating, trading and selling electricity by operating Hydro Tasmania, AETV, and Momentum Energy.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2008 M&A 1 of 1