Professional M&A intelligence for the energy transition
Talen Energy (NASDAQ: TLN) completed the acquisition of the Lawrenceburg Power Plant in Indiana and the Waterford Energy Center and Darby Generating Station in Ohio from Energy Capital Partners.
Vistra Corp acquired a 15% minority stake in Vistra Vision for $3.3B. The deal consolidated Vistra's position as a leading integrated power company.
JERA Co., Japan's largest power generator and a joint venture between Tokyo Electric Power Company and Chubu Electric Power, acquired approximately 27% of the outstanding shares of Aboitiz Power, a major power utility in the Philippines.
Hawaiian Electric Industries (NYSE - HE), the parent company of Pacific Current, announced the closing of the sale of Pacific Current's 60-megawatt Hamakua Energy Plant on Hawai'i Island to a subsidiary of Harbert Management Corp.
Iberdrola completed the $6.2 billion sale of approximately 8,400 MW of gas-fired combined cycle plants in Mexico to Mexico Infrastructure Partners (MIP) in February 2024. The divestiture aligned with Iberdrola's strategic focus on regulated networks and renewables.
Quantum Capital Group acquired Cogentrix Energy from Carlyle for approximately $3.0 billion. Cogentrix operates 5.3 GW of natural gas-fired power generation across the U.S.
Vistra Corp completed its $3.4 billion acquisition of Energy Harbor in March 2024, forming Vistra Vision. The deal added approximately 4,000 MW of zero-carbon nuclear generation across three Ohio and Pennsylvania plants and a retail electricity business serving 1 million customers. Vistra Vision will be a zero-carbon generation and retail growth company. With a continuing […]
Private equity funds affiliated with Blackstone's Energy Transition Partners agreed to acquire the 620-MW Hill Top Energy Center, a natural-gas-fired power plant from Ardian for nearly $1 billion. The plant, located in in western Pennsylvania, was completed in 2021 in Greene County. It supplies electricity to the PJM power market and is positioned to support […]
TotalEnergies agreed to acquire a 50% stake in Energetický a průmyslový holding’s (EPH) flexible power generation platform in Western Europe in an all-stock transaction valued at €5.1 billion, implying an enterprise value of €10.6 billion. The deal will create a 50/50 joint venture covering more than 14 GW of gas-fired, biomass and battery power assets […]
NRG Energy completed the acquisition of a 13-GW power generation portfolio and the CPower commercial and industrial virtual power plant platform from LS Power in a transaction valued at about $12 billion. The deal includes 18 natural-gas-fired generation facilities and expands NRG's demand-response capabilities, doubling its generation fleet to roughly 25 GW.