Entergy $948 million acquisition of Union Power Station

4/3/2016
Public acquisition

$ 948 million

Completed

4/3/2016


Overview:

  • Entergy has completed its $948 million acquisition of the Union Power Station near El Dorado, Arkansas.
  • The deal was originally announced in December, 2014.
  • Union Power Station is a natural gas facility.
  • The seller was the bankrupt Entegra Power Group.
  • Bracewell (Ryan Holcomb, Ron Ehrlichman, Lisa Smith, William Wood III) advised Entergy.
  • Milbank Tweed Hadley & McCloy advised Entegra.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Energy


Firms:

Party: Entergy (Acquirer)


Party: Entegra Power Group (Seller)