Black Hills Energy $1.89 billion acquisition of SourceGas

12/2/2016
Public acquisition

$ 1.89 billion

Completed

12/2/2016


Overview:

  • Black Hills Energy has acquired SourceGas for $1.89 billion.
  • SouceGas is a natural gas utility that provides energy to customers in Arkansas, Colorado, Nebraska and Wyoming.
  • The sellers were private equity firm Alinda Capital Partners and General Electric Energy Financial Services.
  • Faegre Baker Daniels (John Marcil, Matt Stamski) advised Black Hills.
  • Bracewell (Roxanne Almaraz, G Alan Rafte, Elizabeth McGinley) advised Alinda Capital Partners and GE.

Kurt Stumpo - Journalist - North America and the Caribbean

Jurisdiction:

United States

Deal type:

Public acquisition

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Energy


Firm:

Party: Black Hills Energy (Acquirer)