M&A Deal Summary

IGS Energy Acquires DPL Energy Resources

On January 6, 2016, IGS Energy acquired utilities company DPL Energy Resources from DPL

Acquisition Highlights
  • This is IGS Energy’s 2nd transaction in the Utilities sector.
  • This is IGS Energy’s 2nd transaction in the United States.
  • This is IGS Energy’s 2nd transaction in Ohio.

M&A Deal Summary
Date 2016-01-06
Target DPL Energy Resources
Sector Utilities
Buyer(s) IGS Energy
Sellers(s) DPL
Deal Type Divestiture

Target

DPL Energy Resources

Dayton, Ohio, United States
DPL Energy Resources, Inc. is a provider of unregulated retail electric service in Ohio and Pennsylvania.

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Buyer(S) 1

Buyer

IGS Energy

Dublin, Ohio, United States
Category Company
Sector Utilities
DESCRIPTION

IGS Energy is an energy suppliers and a leading advocate for change in the energy industry, committed to efforts that will improve the way we manage and consume energy resources.

DEAL STATS #
Overall 2 of 3
Sector (Utilities) 2 of 2
Type (Divestiture) 1 of 1
State (Ohio) 2 of 3
Country (United States) 2 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-24 Accent Energy

Dublin, Ohio, United States

Accent Energy is a provider of electricity and natural gas supply services to over 140,000 residential and commercial customers in the states of New York, Texas, and California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-16 JadeTrack

Columbus, Ohio, United States

JadeTrack is a cloud-based software solution that empowers organizations of all types and sizes to manage energy use, achieve cost-saving goals, and operate more sustainably. JadeTrack was founded in 2011 and is based in Columbus, Ohio.

Buy -

Seller(S) 1

SELLER

DPL

Dayton, Ohio, United States
Category Company
Founded 1985
Sector Utilities
Employees1,233
DESCRIPTION

DPL is an electrical utility company. DPL Inc., the parent company of Dayton Power & Light (DP&L), was acquired by The AES Corporation.DPL's principal subsidiaries include The Dayton Power and Light Company (DP&L); DPL Energy, LLC (DPLE); and DPL Energy Resources, Inc. (DPLER). DP&L, a regulated electric utility, provides service to over 500,000 retail customers in West Central Ohio; DPLE engages in the operation of merchant peaking generation facilities; and DPLER is a competitive retail electric supplier in Ohio, selling to major industrial and commercial customers. DPL, through its subsidiaries, owns and operates approximately 3,800 megawatts of generation capacity, of which 2,800 megawatts are low cost coal-fired units and 1,000 megawatts are natural gas and diesel peaking units.

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

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