M&A Deal Summary |
|
|---|---|
| Date | 2019-10-09 |
| Target | Peninsula Energy Services - Non-Florida Retail Operations |
| Sector | Utilities |
| Buyer(s) | United Energy Trading |
| Sellers(s) | Peninsula Energy Services |
| Deal Type | Divestiture |
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United Energy Trading LLC is a fully integrated energy marketing and logistics organization with operations throughout the continental United States and Canada. UET purchases, transports, and/or sells approximately 2 billion cubic feet/day of natural gas on over 80 pipelines, approximately 400,000 barrels/day of crude oil on over 20 pipelines and over 2.5 million gallons per day throughout North America.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Utilities) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2019) | 1 of 1 |
Peninsula Energy Services Company, Inc. (PESCO) is an experienced provider of natural gas services with the capability to deliver in any market condition. PESCO integrated approach to the market means that gas producers have high-quality access to wholesale and retail markets and that wholesale and retail customers have the benefit of reaching back to the well-head for supply cutting out several unnecessary layers of cost and driving efficiencies into customer’s value chains.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Utilities) | 3 of 3 |
| Type (Divestiture) | 3 of 3 |
| State (Florida) | 3 of 3 |
| Country (United States) | 3 of 3 |
| Year (2019) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-09 |
Peninsula Energy Services - Florida Retail Operations
Winter Haven, Florida, United States Peninsula Energy Services Co. Inc. (PESCO) - Florida Retail Operations provide clear, accurate and timely billing along with a wide variety of supply and pricing options. |
Sell | - |
