M&A Deal Summary |
|
|---|---|
| Date | 2008-08-28 |
| Target | Morgan Energy - 500 Megawatts |
| Sector | Renewable Energy |
| Buyer(s) | Tennessee Valley Authority |
| Sellers(s) | Morgan Energy Center |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1931 |
| Sector | Renewable Energy |
| Employees | 11,542 |
The Tennessee Valley Authority is a corporate agency of the United States that provides electricity for business customers and local power distributors serving 9 million people in parts of seven southeastern states.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Renewable Energy M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2008 M&A | 1 of 1 |
The Morgan Energy Center is a combined-cycle cogeneration facility which uses highly efficient and environmentally friendly technology. The natural gas-fired facility went into commercial operation with two units.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Renewable Energy M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2008 M&A | 1 of 1 |
