Talen Energy $1.18 billion acquisition of MACH Gen

2/11/2015

Public acquisition

Value:

$ 1.18 billion

Status:

Completed

Date:

2/11/2015

Overview:

Talen Energy has completed its $1.18 billion acquisition of MACH Gen.
MACH Gen operate three natural gas plants located in upstate New York, Massachusetts, and Arizona.
The deal was first announced in July 2015, a mere month after Talen was spun off from energy company PPL.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Energy

Firms:

Bracewell

Party: Talen Energy (Acquirer)

Kirkland & Ellis

Party: MACH Gen (Target)

Lawyers: Jay Ptashek, John Pitts, Judson Oswald, Matthew Pacey

Simpson Thacher & Bartlett

Party: Talen Energy (Acquirer)

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