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 260

Government M&A Utilities Investment 260

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 106

Utilities Banking Bank 106

CNBC: Investing

JANUARY 8, 2025

The decline comes as multiple large fires are burning around Los Angeles, with strong winds in the forecast that could make them difficult to contain.

Utilities 134

Utilities Shares 134

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 94

Utilities Electronics Securities 94

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

CNBC: Investing

JUNE 1, 2024

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

Utilities 88

Utilities Stock 88

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

Calera, Greenbelt, Align, Oaktree and CAI are among the private equity firms buying engineering, procurement and construction contractors for utilities. The post Repowering the grid: 5 PE deals in the utility EPC sector appeared first on PE Hub.

Utilities 79

Utilities Private Equity Engineering Equities 79

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

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

PE Hub

DECEMBER 7, 2023

The post Calera Capital-backed TIS picks up underground utility firm Dynetek appeared first on PE Hub. Headquartered in Warren, Michigan, TIS is an infrastructure services provider in the power, fiber, and wireless communications construction industries.

Utilities 79

Utilities Capital 79

JD Supra: Mergers

DECEMBER 21, 2023

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 2,927 deals announced across the sectors through the first nine months of the year, down 12.7

Utilities 192

Utilities M&A 192

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 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

JD Supra: Mergers

MAY 21, 2024

Battery energy storage systems (BESS), which enable utility companies and grid operators to access pools of surplus renewable energy on demand that would otherwise be wasted, play a central role in the global energy transition.

M&A 197

M&A Utilities Investors Business 197

PE Hub

JANUARY 3, 2024

E Source is looking to add subject matter expertise to help utilities with some of their largest grid-related problems,' said Matt Iodice. The post Align Capital Partners eyes tuck-ins for utility consulting group E Source appeared first on PE Hub.

Utilities 71

Utilities Consulting Capital 71

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

JD Supra: Mergers

AUGUST 22, 2024

Declining automotive plant capacity utilization in the U.S. A number of auto suppliers are reducing R&D and engineering budgets in response to cost pressures, according to a report in Crain’s Detroit.

Utilities 192

Utilities Engineering 192

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 159

Utilities Mergers 159

CNBC: Investing

JANUARY 3, 2025

Vistra is viewed by investors as a nimble power company that is well positioned to quickly serve surging electricity demand from data centers.

Utilities 106

Utilities IT Investors Stock 106

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 140

Utilities 140

CNBC: Investing

SEPTEMBER 10, 2024

Utilities are outpacing technology in 2024, benefiting from their role in the expansion of artificial intelligence and a growing need for electrical power.

Utilities 69

Utilities 69

CNBC: Investing

SEPTEMBER 28, 2024

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

Utilities 139

Utilities Stock 139

CNBC: Investing

OCTOBER 16, 2024

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

Utilities 117

Utilities Banking Bank 117

JD Supra: Mergers

JULY 2, 2024

May 21, 2024: Alternative Power Partners, providers of renewable energy project development that deals in cutting-edge technologies to drive the transition towards clean energy solutions for community, commercial, industrial, and utility-scale solar and battery projects, was acquired by Renewable Construction Services for an undisclosed amount.

M&A 177

M&A Utilities 177

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 165

IT Utilities Investment Securities 165

JD Supra: Mergers

JUNE 18, 2024

Training new employees often involves disclosing information containing trade secrets to these employees – valuable information that could be utilized to start a competing business or improve a competitor’s operation. Many employers and stakeholders in U.S. businesses may initially balk at this news. By: Caldwell

Utilities 177

Utilities Trading Business 177

JD Supra: Mergers

SEPTEMBER 30, 2024

Startups must comprehensively understand the types of intellectual property and fashion a forward-looking strategy to protect innovations utilizing intellectual property. Traditionally, the main assets of startups are innovations that require Intellectual Property protections, such as Patents, Trademarks, Copyrights, and/or Trade Secrets.

Utilities 183

Utilities Capital Trading 183

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 109

Utilities Stock IT 109

JD Supra: Mergers

MAY 21, 2024

This paper explores the mechanisms by which companies have utilized corporate restructuring through divisive mergers in conjunction with the available protections and tools of the United States Bankruptcy Code to resolve mass tort liability without placing the entirety of the business under bankruptcy.

Utilities 183

Utilities Mergers Corporation Business 183

CNBC: Investing

MAY 6, 2024

The utilities sector was the only S&P 500 sector with a positive return in April, resulting in a bullish long-term momentum shift for the Utilities SPDR (XLU).

S&P 123

S&P Utilities 123

CNBC: Investing

JUNE 2, 2023

JPMorgan downgraded Xcel Energy stock Friday, over a decision in Minnesota by regulators to raise the price of electricity by less than expected.

Utilities 98

Utilities Stock 98

CNBC: Investing

MAY 7, 2024

The firm's Mislav Matejka said equities are coming up against a seasonally weak period that could point to further consolidation ahead.

Utilities 112

Utilities Equities Stock 112

Razorpay

OCTOBER 29, 2024

In today’s digital landscape, the rise of online transactions has unfortunately been accompanied by an increase in fraudulent activities, particularly in sectors such as utilities and recharges. This involves collecting government-verified documents such as Aadhaar, PAN, or utility bills from customers to confirm their identities.

Utilities 52

Utilities Accountant Business Securities 52

JD Supra: Mergers

SEPTEMBER 9, 2024

Rather than considering an adjustment to the purchase consideration, negotiating an indemnity/escrow, self-insuring the risk.

Insurance 165

Insurance M&A Utilities Negotiation 165

CNBC: Investing

SEPTEMBER 20, 2024

The Three Mile Island restart demonstrates the growing financial opportunity that nuclear power represents for utilities and their investors.

Utilities 127

Utilities Investors 127

JD Supra: Mergers

NOVEMBER 3, 2023

September 7, 2023: ConnectGen, a company that develops, builds, operates, and finances utility-scale clean energy projects, was acquired by Repsol for an estimated $715 million.

M&A 171

M&A Utilities Finance Finance 171