Emera Inc., a globally recognised energy and services company headquartered in Halifax, Nova Scotia, has announced a significant deal involving the sale of its subsidiary, New Mexico Gas Company, Inc., to Bernhard Capital Partners for a total of $1.25 billion USD. This substantial transaction includes the assumption of approximately $500 million USD in debt and […]
In a significant move within the utility sector, Bernhard Capital Partners, a prominent private equity management firm specializing in services and infrastructure, has announced the acquisition of CenterPoint Energy, Inc.’s natural gas distribution operations in Louisiana and Mississippi. The deal, valued at $1.2 billion, marks a pivotal moment for both companies, with Bernhard Capital’s portfolio […]
Allied Group Holdings, a leading full-service provider of power plant services, has announced its acquisition of Dominion Engineering Inc. (DEI), a frontrunner in field service equipment, technology, and specialized engineering services for the nuclear power industry. The financial terms of the transaction have not been disclosed. This acquisition significantly amplifies Allied Group’s existing offerings in […]
GI Partners, a US-based private investment firm, will acquire Atlas Technical Consultants, an infrastructure and environmental solutions provider, in an all-cash transaction valued at around $1.05 billion, plus outstanding debt. Post-closing, Atlas Technical Consultants will become a private company and its shares will cease to trade on Nasdaq. Shareholders of the project delivery management firm […]
Allied Power Holdings, a US-based provider of power plant services, has acquired Radiation Safety & Control Services (RSCS), which caters to the nuclear power industry with project management, technical and laboratory services. The financial terms of the deal were not revealed. Allied Power Holdings offers routine maintenance, capital construction and specialized support, and outage services […]