M&A

The power system is changing and electricity suppliers need to adapt or get left behind. Experts weigh in on what leaders should be focusing on and how these items will affect utilities in the future. The

Environmental, social, and governance (ESG) efforts are factoring into merger and acquisition (M&A) deal activity within the power and utilities sector across North America, according to a report issued by PwC, a professional services firm serving the “Trust Solutions and Consulting Solutions” segments. “As policies are clarified and ESG strategies are strengthened, broad investor interest […]

At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]

Kansas City–based Great Plains Energy has agreed to purchase Westar Energy—Kansas’ largest electric utility—in a combined cash and stock transaction with an enterprise value of about $12.2 billion. The deal was announced on May 31. When complete, Westar will become a wholly owned subsidiary of Great Plains Energy, which also owns Kansas City Power and […]

The volume and value of mergers and acquisitions (M&A) in the first quarter of this year have soared, according to the accounting and financial consulting firm PwC. According to PwC’s quarterly snapshot, American Power & Utilities Deals: Q1 2016, “The first quarter was the most active for power and utilities in recent history, with 22 […]

Southern Co. and AGL Resources—the largest natural gas–only distribution company in the U.S.—have agreed to merge in a deal that will make AGL Resources a wholly-owned subsidiary of the giant electric company. The transaction announced on Aug. 24 has an enterprise value of about $12 billion, including a total equity value of approximately $8 billion. […]