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Utilities Sector Acquisitions

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure M&A Activity — July 2025

June 23, 2025: Xcelplus International, engaged in the development and manufacture of zero-emissions waste-to-energy products, was acquired by Firepoint Energy through a reverse merger on June 23, 2025. This acquisition marks...more

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure Client Feature — June 2025

This month, we’re pleased to feature our client, Perch Energy. A Boston-based community solar servicer, they’ve helped renters, homeowners, and businesses save more than $40 million cumulatively in total energy discounts...more

White & Case LLP

Megadeals highlight resilience of construction and EMU industries

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Consolidation and alternative energy drive big-ticket energy, mining and utilities M&A - Global dealmaking in the construction and energy, mining and utilities (EMU) sectors has cooled over the course of 2023. There were...more

White & Case LLP

US utilities M&A remains resilient in H1

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The US utilities dealmaking scene appears to be springing back to life. Following two years of below average activity amid the pandemic, there are positive signs of a revival in deal activity. There were 24 deals in the...more

McDermott Will & Emery

[Webinar] Utility Acquisition of Renewable Projects – A Discussion of the Legal and Tax Issues Regarding Utilities, Developers and...

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Increasingly, utilities are replacing older generation fleets with more cost-effective generation technologies. Renewables are cost-competitive alternatives in this effort for a number of reasons, including the current tax...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 28, July 2020

Chevron’s Patience Pays Off with Bargain Deal for Noble Energy - "Like Anadarko, Noble is also a major player in the oil-rich DJ Basin of Colorado, as well as the oil-rich southwestern piece of the Eagle Ford Shale region." ...more

Vinson & Elkins LLP

[Webinar] 7 Areas of Focus in Renewable Project Financings - July 8th, 12:00 pm - 1:00 pm CT

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Our team of M&A and project finance partners will discuss some key tips in maximizing efficiency in executing on the acquisition and financing of renewable energy projects, including: - Planning for tax equity in...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - June 2020

Coal Earnings Set to Plunge 50% in North America, Moody's Says - "Earnings for North American coal miners may plunge by more than half this year as the coronavirus pandemic makes a weak market even worse, according to...more

White & Case LLP

Energy and infrastructure boost Latin American & Caribbean M&A

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M&A activity in Latin America and the Caribbean proved robust in the third quarter, bucking the global trend of declining deal activity - The value of M&A in Latin America and the Caribbean totaled US$18.1 billion during...more

White & Case LLP

PE still strong but value dips amid falling overall dealmaking

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While initially disappointing, the US$108.8 billion in total global PE transaction value in Q3 represents a greater proportion of overall M&A activity than in Q2. PE value made up 29% of overall M&A value in Q3, compared...more

Akin Gump Strauss Hauer & Feld LLP

2018 Energy Year in Review

Dear Clients and Friends, If 2017 was a volatile year for markets, 2018 seemed determined to one-up its predecessor. There were few energy-related areas that were not touched by turmoil last year, from commodity price...more

Mintz

Energy & Sustainability M&A Activity – April 2019

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Recent M&A Activity: February 26, 2019: Tioga Midstream, a subsidiary of Summit Midstream Partners, has reached a definitive agreement to be acquired by Hess Midstream Partners for $90 million....more

White & Case LLP

Peak performance: US M&A in 2018: Stability in early 2018 fuels oil and gas M&A

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A stable oil price (for the majority of 2018) saw deal value climb in the energy, mining and utilities sector in 2018, despite volume falling. Energy, mining and utilities deal value climbed by 34 percent to US$350.1...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Emergence of Utility-Owned Renewable Energy Under Build-Transfer Agreements

Electric utilities in the U.S. historically have been buyers and sellers, but not producers, of renewable energy. Largely due to tax and accounting constraints, vertically integrated, regulated utilities traditionally have...more

Mayer Brown

Tax Incentive Update: Federal Circuit Rules on Calculation of Basis for Energy Projects

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We have published our Legal Update on the Federal Circuit’s opinion in the Alta Wind case involving the calculation of eligible basis for 1603 Treasury cash grant purposes. The 1603 Treasury cash grant rules “mimic” the...more

Cozen O'Connor

PA PUC Approves PA-American Water’s Fair Market Value Acquisition of McKeesport Wastewater System

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In one of the first acquisitions to be decided pursuant to a 2016 amendment to the Pennsylvania Public Utility Code (Code) that allows a public utility to rate base fair market value instead of depreciated original cost, the...more

Nossaman LLP

[Event] Nossaman's 2017 Southern California Eminent Domain Seminar - March 2nd, Los Angeles, CA

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Nossaman LLP invites you to join us for our 2017 Southern California Eminent Domain Seminar, "Right of Way & Legal Strategies for Successful Project Delivery." This complimentary afternoon seminar will provide insight on...more

Blank Rome LLP

New PA Law Gives Boost to Investor-Owned Acquisitions of Municipal Water and Wastewater Systems

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Action Item: A new Pennsylvania law makes the Commonwealth a much friendlier place for investor-owned water utilities to acquire municipally-owned water and wastewater facilities. Act 12 of 2016 mitigates the risk that the...more

McGuireWoods LLP

NextEra Acquires Hawaiian Utility for $4.3 Billion

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NextEra recently acquired Hawaiian Electric Industries (“HEI”) in a transaction valued at $4.3 billion, subject to Hawaii Public Utilities Commission approval and approval by HEI shareholders. HEI shareholders will receive a...more

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