M&A Deal Summary

Lower Colorado River Authority Texas Acquires Alcoa Assets Related to Rockdale Texas Site

On August 15, 2012, Lower Colorado River Authority Texas acquired metals/mining company Alcoa Assets Related to Rockdale Texas Site from Alcoa

Acquisition Highlights
  • This is Lower Colorado River Authority Texas’ 1st transaction in the Metals/Mining sector.
  • This is Lower Colorado River Authority Texas’ 1st transaction in the United States.
  • This is Lower Colorado River Authority Texas’ 1st transaction in Texas.

M&A Deal Summary
Date 2012-08-15
Target Alcoa Assets Related to Rockdale Texas Site
Sector Metals/Mining
Buyer(s) Lower Colorado River Authority Texas
Sellers(s) Alcoa
Deal Type Divestiture

Target

Alcoa Assets Related to Rockdale Texas Site

Rockdale, Texas, United States
Alcoa Assets Related to Rockdale, Texas Site includes approximately 34,000 acres of property, all surface and groundwater rights, certain common plant and equipment assets, and Alcoa’s power contracts with Luminant.

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Buyer(S) 1

Buyer

Lower Colorado River Authority Texas

Austin, Texas, United States
Category Company
Founded 1934
Sector Utilities
DESCRIPTION

Lower Colorado River Authority, provides a multitude of vital services to Texans, including delivering electricity, managing the water supply and environment of the lower Colorado River basin, providing public recreation areas, and supporting community and economic development.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1

Seller(S) 1

SELLER

Alcoa

Pittsburgh, Pennsylvania, United States
Category Company
Founded 1886
Sector Metals/Mining
Employees13,600
Revenue 10.6B USD (2023)
DESCRIPTION

Alcoa is a lightweight metals engineering and manufacturing company. Alcoa’s multi-material products, which include aluminum, titanium, and nickel, are used worldwide in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. Alcoa was incorporated in 1886 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 17 of 22
Sector (Metals/Mining) 4 of 7
Type (Divestiture) 15 of 19
State (Texas) 3 of 3
Country (United States) 14 of 17
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-02 Traco

Cranberry Township, Pennsylvania, United States

Traco, a premier maker of windows and doors for the commercial building and construction market. TRACO, founded in 1943 as the Three Rivers Aluminum Company, employs 650 people at its one-million-square-foot headquarters and manufacturing operation in Cranberry Township, PA, north of Pittsburgh. Traco offers a full range of window and door manufacturing and services, including engineering, extrusion, finishing and electrostatic painting, glass insulation and tempering, and glass lamination.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-15 Alcoa Power Generating Inc

United States

Alcoa Power Generating, a 378-megawatt Tapoco Hydroelectric Project. Tapoco is a four-station hydroelectric project located on the Little Tennessee and Cheoah Rivers in eastern Tennessee and western North Carolina.

Sell $600M
Mergr

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