M&A Deal Summary |
|
---|---|
Date | 2002-12-13 |
Target | Algonquin LNG |
Sector | Energy Services and Equipment |
Buyer(s) | KeySpan |
Sellers(s) | Duke Energy |
Deal Type | Divestiture |
Deal Value | 28M USD |
SEARCH BY
Try For Free 7-Day Free Trial
KeySpan is the largest distributor of natural gas in the Northeast and No. 5 in the USA, with utilities serving 2.6 million customers in New York, Massachusetts and New Hampshire. It's also New York's top electricity generator, supplying power to 1.1 million customers of Long Island Power Authority.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Energy Services and Equipment) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Rhode Island) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2002) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Company |
---|---|
Founded | 1904 |
Sector | Energy Services and Equipment |
Employees | 27,859 |
Revenue | 29.1B USD (2023) |
Duke Energy is an electric power holding companies in the United States. Its regulated utility operations serve approximately 4 million customers located in five states in the Southeast and Midwest, representing a population of approximately 11 million people. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States. Duke Energy was incorporated in 1904 and is based in Charlotte, North Carolina.
DEAL STATS | # |
---|---|
Overall | 1 of 9 |
Sector (Energy Services and Equipment) | 1 of 4 |
Type (Divestiture) | 1 of 6 |
State (Rhode Island) | 1 of 1 |
Country (United States) | 1 of 7 |
Year (2002) | 1 of 1 |
Size (of disclosed) | 5 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2002-03-14 |
Westcoast Energy
Vancouver, United Kingdom Westcoast Energy Inc. is a major Canadian corporation and a leader in the North American natural gas industry with interests in gas pipelines, processing, storage, distribution, power generation and gas services businesses. The company has assets of approximately $8 billion. |
Buy | $8.0B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2006-04-03 |
Cinergy
Cincinnati, Ohio, United States Cinergy has a balanced, integrated portfolio consisting of two core businesses: regulated operations and commercial businesses. Cinergy’s integrated businesses make it a Midwest leader in providing both low-cost generation and reliable electric and gas service. |
Buy | $9.0B |