Professional M&A intelligence for the energy transition
Talen Energy sold its Cumulus Data center campus adjacent to the Susquehanna nuclear plant to Amazon Web Services for $650 million. The 960-MW campus is powered directly by carbon-free nuclear energy.
Alphabet agreed to acquire Intersect Power, a developer of data-center and energy infrastructure, for $4.75 billion in cash plus the assumption of debt. The transaction includes Intersect's gigawatt-scale energy and data-center projects under development or construction and aims to accelerate power generation capacity to support Alphabet's growing U.S. data-center demand. Intersect Power will continue operating […]
Sempra (NYSE: SRE) agreed to sell a 45% equity interest in Sempra Infrastructure Partners, an energy infrastructure platform, to affiliates of KKR, with Canada Pension Plan Investment Board. Subject to adjustments, the deal proceeds of $10 billion implies an equity value of $22.2 billion and an enterprise value of $31.7 billion for Sempra Infrastructure Partners. Before adjustments, Sempra is […]