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    Power & Energy Q3 2021

    Q3 2021 Power Energy

    Largest Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • Stagecoach Gas Services LLC
    • Kinder Morgan Operating LLC “A”
    • $1,225.00
    • Diamond S Shipping Inc.
    • International Seaways, Inc.
    • $1,101.54
    • Constellation Energy Nuclear Group, LLC
    • Exelon Generation Company, LLC
    • $885.00
    • Pine Prairie and Southern Pines Natural Gas Storage Facilities of Plains All American Pipeline, L.P.
    • Hartree Partners, LP
    • $850.00
    • 391-Megawatt Portfolio of Four Operating Wind Assets of Brookfield Renewable Partners L.P.
    • NextEra Energy Partners, LP
    • $733.00
    • Aria Energy LLC
    • Archaea Energy Inc.
    • $693.16
    • Portfolio of Four Wind Facilities in Texas
    • Algonquin Power & Utilities Corp.
    • $600.00
    • Mountaintop Energy Holdings LLC
    • UGI Corporation
    • $540.00
    • Clenera, LLC
    • Enlight Renewable Energy Ltd
    • $390.00
    • Two Contracted Geothermal Assets in Nevada
    • Ormat Technologies, Inc.
    • $377.00

    Other Financial Buyer Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • Digital Lumens, Inc.
    • Skyview Capital, LLC
    • n/a
    • Electro-Mechanical Corporation
    • Graycliff Partners LP
    • n/a
    • Sonic Systems International, Inc
    • Boyne Capital Partners, LLC; Breakwater North LLC
    • n/a

    Other Strategic Buyer Transactions Closed

    • Target
    • Buyer
    • Value($mm)
    • LNG Indy, LLC
    • Kinder Morgan, Inc.
    • $310.00
    • Alamo Pressure Pumping, LLC
    • NexTier Completion Solutions, Inc.
    • $238.10
    • Effingham Energy Facility in Sabannah, GA
    • Oglethorpe Power Corporation
    • $232.51


    Source S&P Capital IQ as of 10/11/2021 and PCE Proprietary Data

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    PCE Transactions


    Michael Poole

    Orlando Office


    Michael Rosendahl

    New York Office

    201-444-6280 Ext 1

    Data Assumptions

    This report represents transaction activity as mergers & acquisitions, consolidations, restructurings and spin-offs. Targets are defined as U.S. Based companies with either foreign or U.S. based buyers. Transaction information provided is based on closed dates only.


    EBIT - Earnings Before Interest and Taxes
    EBITDA - Earnings Before Interest, Taxes, Depreciation, Amortization
    LTM - Last Twelve Months
    TEV - Total Enterprise Value


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