M&A Deal Summary

OGE Energy Acquires Oklahoma Cogeneration plant

On December 20, 2018, OGE Energy acquired utilities company Oklahoma Cogeneration plant from Oklahoma Cogeneration

Acquisition Highlights
  • This is OGE Energy’s 3rd transaction in the Utilities sector.
  • This is OGE Energy’s 4th transaction in the United States.
  • This is OGE Energy’s 4th transaction in Oklahoma.

M&A Deal Summary

Date 2018-12-20
Target Oklahoma Cogeneration plant
Sector Utilities
Buyer(s) OGE Energy
Sellers(s) Oklahoma Cogeneration
Deal Type Divestiture

Target

Oklahoma Cogeneration plant

Oklahoma, United States
Oklahoma Cogeneration plant is a natural gas-fired combined-cycle plant based in Oklahoma.

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Buyer(S) 1

Buyer

OGE Energy

Oklahoma City, Oklahoma, United States

Category Company
Founded 1902
Sector Utilities
Employees2,360
Revenue 2.7B USD (2023)
DESCRIPTION

OGE Energy a regulated electric utility with more than 786,000 customers in a service area spanning 30,000 square miles in Oklahoma and western Arkansas. OGE Energy was founded in 1902 and is based in Oklahoma City, Oklahoma.


DEAL STATS #
Overall 4 of 4
Sector (Utilities) 3 of 3
Type (Divestiture) 2 of 2
State (Oklahoma) 4 of 4
Country (United States) 4 of 4
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-20 AES Corp - Shady Point

Poteau, Oklahoma, United States

AES Corp - Shady Point is a coal- and natural gas-fired plant utilizing circulating fluidized bed boilers that produce lower emissions due to their design features and emissions controls.

Buy -

Seller(S) 1

SELLER

Oklahoma Cogeneration

Oklahoma City, Oklahoma, United States

Category Company
Sector Utilities
DESCRIPTION

The Oklahoma Cogeneration LLC facility is a natural gas-fired combined-cycle cogeneration plant built and operated in Oklahoma.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1