Announced
Completed
Financials
Tags
Single Bidder
electricity generation
Friendly
United States
electricity
Majority
electricity distribution
Private Equity
Acquisition
Conventional Electricity
Domestic
Public
Completed
Synopsis
I Squared Capital, a private equity firm, completed the acquisition of Atlantic Power, an independent power producer, for $961m. "The independent directors of the Board, with the assistance of our financial and legal advisors, carefully analyzed I Squared Capital's offer, and after extensive negotiation and thorough consideration, concluded that the agreement is in the best interests of Atlantic Power," Kevin T. Howell, Atlantic Power Chairman.
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