JD Supra: Mergers

JULY 18, 2024

A letter of intent (LOI), expression of interest (EOI) or term sheet is typically the first substantive document in the life of a transaction (noting that, oftentimes, parties will sign a nondisclosure agreement prior to entering into an LOI or EOI; however, confidentiality terms can also be included in the LOI or EOI itself).

Utilities 167

Utilities Management 167

PE Hub

JUNE 30, 2023

The post Golden Gate to acquire electric utility manufacturer DMC Power appeared first on PE Hub. As part of the transaction, Bridgepoint will exit its investment through the sale of its stake to Golden Gate Capital.

Utilities 85

Utilities Manufacturing Sale Capital 85

PE Hub

JANUARY 10, 2024

The post ORIX Capital-backed Peak Utility Services taps Lennon as CEO appeared first on PE Hub. Outgoing CEO Christopher Larocca will remain on Peak's board of directors, and will remain CEO of Network Connex, which is also backed by ORIX.

Utilities 75

Utilities Capital 75

PE Hub

DECEMBER 19, 2023

The post Fengate buys heat and power facility Morris Cogeneration from Atlantic Power and Utilities appeared first on PE Hub. The firm acquired ownership of the facility under its strategic operating partnership with Ironclad Energy.

Utilities 87

Utilities IT 87

Cisco: M&A

DECEMBER 20, 2023

Cyberattacks on electric power utilities are on the rise. From 2020 to 2022, weekly attacks more than doubled. An attack that exploits a vulnerability in intelligent electronic devices (IEDs) like… Read more on Cisco Blogs

Utilities 98

Utilities Securities Electronics 98

PE Hub

OCTOBER 17, 2023

The post Hastings Equity expects to make add-on deals for utility consulting group Celerity appeared first on PE Hub. Hastings acquired Celerity Consulting Group in 2021 and added on Clear Path earlier in 2023.

Utilities 89

Utilities Consulting Equities 89

PE Hub

DECEMBER 13, 2023

Private equity bets actively on the utility and power sector. The post VC-backed Electric Sheep eyes new PE fund, 5 PE deals in the utility EPC sector appeared first on PE Hub.

Utilities 76

Utilities Funds Private Equity Equities 76

PE Hub

DECEMBER 14, 2023

The post Renewable energy assets yielded big deals for utilities and others in 2023 appeared first on PE Hub. Apollo, ArcLight, Blackstone, Brookfield, EnCap and other investors struck big deals for wind, solar and hydro portfolios.

Utilities 76

Utilities Portfolio Investors 76

PE Hub

FEBRUARY 20, 2024

The post Bernhard Capital-backed Delta Utilities to acquire CenterPoint’s natural gas operations in Louisiana and Mississippi appeared first on PE Hub. The sale is expected to close toward the end of the first quarter of 2025.

Utilities 82

Utilities Capital Sale 82

CNBC: Investing

JULY 3, 2023

As the third quarter and second half kick off, Goldman Sachs is adding a new utility stock to its high-conviction stock list.

Utilities 98

Utilities Stock IT 98

Cisco: M&A

AUGUST 15, 2023

As part of Cisco Live Las Vegas 2023 we organized a Utilities Leadership Summit for top leaders in the industry. Our goal was to gain deeper insight into our customers’ challenges, discuss i… Read more on Cisco Blogs

Utilities 52

Utilities Securities 52

CNBC: Investing

APRIL 4, 2024

These utility stocks could be key players as data center power demand grows.

Utilities 108

Utilities Stock 108

CNBC: Investing

SEPTEMBER 18, 2024

Frank Cappelleri breaks down the chart in the Utilities Select Sector SPDR Fund.

Utilities 59

Utilities Trading Funds 59

CNBC: Investing

OCTOBER 24, 2023

Rapidly rising interest rates have dented the utilities sector, but a handful of names still shine, the firm says.

Utilities 104

Utilities Banking Bank 104

Sun Acquisitions

AUGUST 2, 2024

Traditional methods will continue to form the bedrock of the industry, while 3D printing will be increasingly utilized for specialized applications. Acquisitions provide the fastest method for achieving an effective, synergistic approach to utilizing both traditional methods and technologically advanced methods.

Manufacturing 52

Manufacturing Utilities Acquisitions M&A 52

Global Newswire by Notified: M&A

JULY 9, 2024

July 09, 2024 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE: UTL) ( unitil.com ) today announced that Unitil has agreed to purchase Bangor Natural Gas Company (“Bangor”) from PHC Utilities, Inc., a subsidiary of Hope Utilities, Inc., HAMPTON, N.H., Bangor’s enterprise value represents a multiple of approximately 1.2

Utilities 40

Utilities Debt Corporation Capital 40

CNBC: Investing

JUNE 1, 2024

Utilities have gained about 18% in the past three months, but the stocks remain relatively affordable.

Utilities 85

Utilities Stock 85

CNBC: Investing

JUNE 8, 2023

Utilities are entering a new phase as decarbonization enablers, Goldman Sachs says. Here are its top picks.

Utilities 98

Utilities Stock IT 98

CNBC: Investing

SEPTEMBER 19, 2024

Mike Khouw breaks down a trade on a utilities ETF that offers some protection in case the run pauses.

Utilities 65

Utilities Trading 65

Global Banking & Finance

NOVEMBER 17, 2023

National Grid’s Massachusetts utilities submit clean energy investment plan (Reuters) – Britain’s National Grid said on Friday its two utility firms in Massachusetts have submitted a clean energy investment plan to authorities in the U.S. Utility companies in the United States use rate case proceedings […]

Utilities 40

Utilities Investment IT 40

CNBC: Investing

AUGUST 10, 2024

Investors are looking at nuclear plants as an increasingly valuable resource as data centers' power needs grow.

Utilities 145

Utilities Investors 145

CNBC: Investing

OCTOBER 4, 2024

The technical analyst gives the breakdown on the Select SPDR Utilities ETF.

Utilities 61

Utilities IT Stock 61

PE Hub

JUNE 12, 2023

The post Thoma Bravo exits Adenza in cash, shares deal; NOVA Infra sees RNG growth; Partners utilizes generative AI appeared first on PE Hub. Thoma Bravo is selling financial services software provider Adenza to Nasdaq for $10.5

Utilities 69

Utilities Shares Financial Services 69

Global Newswire by Notified: M&A

MAY 16, 2024

Digital Utilities Ventures Completes Feed Earth Now Merger - Accelerates Growth of Regenerative Agriculture Movement.

Utilities 45

Utilities Mergers 45

CNBC: Investing

AUGUST 20, 2024

Todd Gordon breaks down the charts on utilities and Southern Company.

Utilities 44

Utilities 44

Global Newswire by Notified: M&A

FEBRUARY 7, 2024

Apogee Interactive announced the acquisition of EnergyX Solutions, an Ontario-based creator of artificial-intelligence-powered software for utilities.

Utilities 45

Utilities Acquisitions 45

JD Supra: Mergers

OCTOBER 24, 2024

The Committee on Foreign Investment in the United States (CFIUS) continues to aggressively utilize and expand its authority to address national security risks related to foreign investment into the United States. By: Akin Gump Strauss Hauer & Feld LLP

IT 161

IT Utilities Investment Securities 161

CNBC: Investing

OCTOBER 6, 2024

The Omaha-based conglomerate entered a deal to acquire the 8% remaining stake in Berkshire Hathaway Energy from the heirs of the late Walter Scott.

Utilities 137

Utilities 137

CNBC: Investing

OCTOBER 16, 2024

The financial sector is rallying late in the year, helped by strong bank earnings.

Utilities 113

Utilities Bank Banking 113

JD Supra: Mergers

AUGUST 5, 2024

According to the GE HealthCare press release, the company intends to utilize Amazon Bedrock to amplify the advantages of generative AI for their customers and build its own proprietary generative AI applications for healthcare use cases. By: Knobbe Martens

Healthcare 270

Healthcare Utilities Collaboration IT 270

Global Newswire by Notified: M&A

FEBRUARY 16, 2024

The rising demand for succinic Acid (SA) can be attributed to its expanding utility in pharmaceutical manufacturing and its pivotal role in building and infrastructure development operations in the global succinic acid market. SkyQuest projects that the global succinic acid market will attain a value of USD 562.57

Utilities 40

Utilities Pharmaceutical Manufacturing IT 40

Global Newswire by Notified: M&A

JUNE 18, 2024

Westford, USA, June 18, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Carbon Capture, Utilization and Storage Market will attain a value of USD 6.16 billion by 2031, with a CAGR of 11.8% during the forecast period (2024-2031).

Utilities 40

Utilities Government IT 40

JD Supra: Mergers

JANUARY 9, 2024

Utilities, 426 F.3d 2005), the stockholders of Northeast Utilities sued Consolidated Edison for the $1.2 The Court of Appeals concluded that the Northeast Utilities’ stockholders lacked third-party beneficiary status to enforce the merger. Edison, Inc. 3d 524 (2d Cir.

Utilities 155

Utilities Mergers 155

Cisco: M&A

OCTOBER 25, 2023

Networks are expanding outside traditional office buildings and into industrial fixed and mobile use cases. This results in more devices being connected to the Internet and data centers as well as… Read more on Cisco Blogs

Utilities 52

Utilities 52

JD Supra: Mergers

AUGUST 7, 2024

federal government both increased its spending in the area and the speed with which it adopted guidelines on the utilization of AI more generally. As general interest and investment in AI has accelerated since the initial public launch of ChatGPT, so too has the U.S. This tracks other actions outside the U.S.,

Government 235

Government M&A Utilities Investment 235

CNBC: Investing

MAY 31, 2024

The firm's list of its highest-conviction energy picks for the remainder of the year range from a newly touted AI play to an oilfield services leader.

Utilities 106

Utilities Stock IT 106

CNBC: Investing

SEPTEMBER 28, 2024

Power and light and related stocks are also on course for their strongest year since 2000.

Utilities 136

Utilities Stock 136