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Announced

ArcLight to acquire the commercial distributed generation business of Duke Energy for $364m.

Financials

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Transaction Value£286m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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United States

renewable energy

Renewable Energy Equipment

Acquisition

Domestic

Majority

Private Equity

Private

Pending

Friendly

Single Bidder

Synopsis

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ArcLight Capital Partners, a private equity firm, agreed to acquire the commercial distributed generation business of Duke Energy, an American electric power and natural gas holding company, for $364m. “The sale of our commercial renewables businesses streamlines our portfolio and provides the resources to support the long-term needs of our customers in our growing regulated territories,” Lynn Good, Duke Energy Chair, President and CEO.

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