M&A Deal Summary

Rockland Capital Acquires Grand Tower Energy Center

On January 31, 2014, private equity firm Rockland Capital acquired energy services and equipment company Grand Tower Energy Center from Ameren

Acquisition Highlights
  • This is Rockland Capital’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Rockland Capital’s 5th transaction in the United States.
  • This is Rockland Capital’s 1st transaction in Illinois.

M&A Deal Summary
Date 2014-01-31
Target Grand Tower Energy Center
Sector Energy Services and Equipment
Buyer(s) Rockland Capital
Sellers(s) Ameren
Deal Type Divestiture

Target

Grand Tower Energy Center

Grand Tower, Illinois, United States
Grand Tower Energy Center is a 478-megawatt combined-cycle facility. Grand Tower Energy Center is based in Grand Tower, Illinois.

Search 202,137 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Rockland Capital

The Woodlands, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2003
PE ASSETS 1.2B USD
Size Large
Type Sector Focused
DESCRIPTION

Rockland Capital is an investment firm focused on the acquisition and development of companies operating in the US and UK power and energy infrastructure markets. Specific areas of interest include contracted independent power projects; renewable power, energy and biofuels projects; merchant generation; transmission projects; district heating and cooling; and industrial projects with power and/or steam applications or requirements. Rockland has a special interest in distressed assets requiring active management. Rockland Capital was formed in 2003 and is based in The Woodlands, Texas.

DEAL STATS #
Overall 5 of 10
Sector (Energy Services and Equipment) 2 of 5
Type (Divestiture) 2 of 2
State (Illinois) 1 of 1
Country (United States) 5 of 10
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-07 Gregory Cogeneration Plant - Corpus Christi

Corpus Christi, Texas, United States

Gregory cogeneration plant provides steam, processed water and a small percentage of its electrical generation to the Corpus Christi Sherwin Alumina plant.

Sell $244M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-01 Bayou Power

Orange, Texas, United States

Bayou Power is a 102 MW combined cycle cogeneration facility. Bayou Power is based in Orange, Texas.

Buy -

Seller(S) 1

SELLER

Ameren

St. Louis, Missouri, United States
Category Company
Founded 1881
Sector Utilities
Employees9,372
Revenue 7.5B USD (2023)
DESCRIPTION
Entrance to Ameren's corporate headquarters in St. Louis, Missouri.
Entrance to Ameren's corporate headquarters in St. Louis, Missouri.

Ameren is a utility holding company. Ameren operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. Ameren was founded in 1881 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 2 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 2 of 2
State (Illinois) 1 of 1
Country (United States) 2 of 2
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-14 Ameren Energy Resources Company

St. Louis, United States

Ameren Energy Resources (AER) and its subsidiaries Ameren Energy Generating Company (Genco), AmerenEnergy Resources Generating Company (AERG), and Ameren Energy Marketing Company (AEM) include generating capacity in Illinois, and nearly 14,000 MW nationally.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Northeast Missouri 400-megawatt Project

Missouri, United States

Northeast Missouri 400-megawatt (MW) Project is a wind energy center that provides renewable energy services.

Buy -
Mergr

Product

Company

Legal