M&A Deal Summary

Vattenfall AB Acquires iSupplyEnergy

On June 21, 2017, Vattenfall AB acquired utilities company iSupplyEnergy

Acquisition Highlights
  • This is Vattenfall AB’s 1st transaction in the Utilities sector.
  • This is Vattenfall AB’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2017-06-21
Target iSupplyEnergy
Sector Utilities
Buyer(s) Vattenfall AB
Deal Type Add-on Acquisition

Target

iSupplyEnergy

Bournemouth, United Kingdom
iSupplyEnergy is a gas and electricity supplier. iSupplyEnergy offers cheap gas, electricity and dual fuel tariffs. iSupplyEnergy was established in 2012 and is headquartered in Bournemouth, UK.

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Buyer(S) 1

Buyer

Vattenfall AB

Solna, Sweden

Category Company
Founded 1909
Sector Electrical Equipment
Employees31,819
DESCRIPTION

Elenia owns the second largest electricity distribution network in Finland. Headquartered in Tampere, it serves around 410,000 customers and has a 12% market share. The business is regulated on a four-year cycle, delivering a set return on its regulated asset base. The electricity distribution business accounts for approximately 85% of Elenia’s overall value.


DEAL STATS #
Overall 2 of 2
Sector: Utilities M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-07 Vindstød.dk

Denmark

Vindstød.dk is a provider of wind power to Danish customers.

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