M&A Deal Summary

Investors Group Acquires Landfill gas-to-energy power projects

On September 30, 2004, Investors Group acquired energy services and equipment company Landfill gas-to-energy power projects from NRG

Acquisition Highlights
  • This is Investors Group’s 1st transaction in the Energy Services and Equipment sector.
  • This is Investors Group’s 1st transaction in the United States.

M&A Deal Summary

Date 2004-09-30
Target Landfill gas-to-energy power projects
Sector Energy Services and Equipment
Buyer(s) Investors Group
Sellers(s) NRG
Deal Type Divestiture

Target

Landfill gas-to-energy power projects

United States
Landfill Gas Collection System is now operational, producing electricity onto the provincial grid, using landfill gas as the fuel source.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Investors Group

Winnipeg, Manitoba, Canada

Category Company
Founded 1926
Sector Financial Services
DESCRIPTION

Investors Group,delivering personalized financial solutions to Canadians through a network of approximately 4,600 Consultants located throughout Canada. IInvestors Group offers a wide range of insurance, securities, mortgage and other financial services.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2004 M&A 1 of 1

Seller(S) 1

SELLER

NRG

Houston, Texas, United States

Category Company
Founded 1989
Sector Utilities
Employees15,637
Revenue 28.1B USD (2024)
DESCRIPTION
Entrance to an NRG office in downtown Houston, Texas.
Entrance to an NRG office in downtown Houston, Texas.

NRG is a wholesale power generation company. NRG engages in the ownership, development, construction, and operation of power generation facilities; the transacting in and trading of fuel and transportation services; and the trading of energy, capacity and related products in the US and select international markets. NRG was formed in 1989 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 8
Sector: Energy Services and Equipment M&A 1 of 3
Type: Divestiture M&A Deals 1 of 7
Country: United States M&A 1 of 8
Year: 2004 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-25 Oswego Generating Station

Oswego, New York, United States

Oswego Station is located on a 93-acre site in Oswego, New York, along the south shore of Lake Ontario. The facility consists of two, 850 MW oil-fired operating units and four retired units. One of the operating units is also capable of generating up to 150 MW utilizing natural gas.

Buy $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-03 Texas Genco Holdings

Houston, Texas, United States

Texas Genco Holdings, Inc., based in Houston, Texas, is an electric power generating company with over 14,000 megawatts of generation capacity. It sells electric generation capacity, energy and ancillary services in one of the nation's largest power markets, the Electric Reliability Council of Texas (ERCOT). Texas Genco has one of the most diversified generation portfolios in Texas, using natural gas, oil, coal, lignite, and uranium fuels. The company owns and operates 60 generating units at 11 electric power-generating facilities and owns a 30.8 percent interest in a nuclear generating plant.

Buy $5.8B