Professional M&A intelligence for the energy transition
NextEra Energy (NYSE: NEE) and Dominion Energy (NYSE: D) entered into an agreement to combine in an all-stock transaction. The combination will create the world's largest regulated electric utility business. The combined company will be more than 80% regulated, serve approximately 10 million utility customer accounts across Florida, Virginia, North Carolina and South Carolina and […]
Public Service Enterprise Group completed the sale of its 25% equity interest in the 1,100-megawatt Ocean Wind 1 project to Ørsted North America (Ørsted N.A.).
Black Hills and NorthWestern Energy agreed to combine in an all-stock, tax-free merger that will create a regional regulated electric and natural gas utility with a pro forma market capitalization of about $7.8 billion and enterprise value of roughly $15.4 billion. Under the terms of the deal, NorthWestern shareholders will receive 0.98 Black Hills shares […]
Ardian agreed to acquire 100% of Energia Group from I Squared Capital. Energia operates across the entire energy value chain in Ireland and Northern Ireland, serving almost 900,000 homes and businesses. It is one of the longest established providers of renewable electricity in Ireland, supplying approximately 17% of the island of the country's total electricity […]