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.
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.
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.
Talen Energy (NASDAQ: TLN) completed the acquisitions of the Freedom and Guernsey natural gas power plants from affiliates of Caithness Energy and BlackRock for about $3.8 billion, adding nearly 2.9 GW of generation capacity in the PJM market. Talen Energy is an independent power producer and energy infrastructure company. It own and operate approximately 13.2 […]
NRG Energy completed the acquisition of a 738 MW natural gas combined cycle peaking generation portfolio in Texas. The deal is valued at $560 million. The seller is from Rockland Capital. The acquisition includes one combined-cycle unit and five peaker units, further.