Private equity firm Rockland Capital is expecting first round bids to come in at the end of the month for the sale of its 238 megawatt Eagle Point power plant.
Time Warner said Wednesday it had rebuffed a takeover bid from Rupert Murdoch's 21st Century Fox's deal that comes to $80 billion dollars.
Gas Natural, the Ohio-based company mired in scandal, was recently talking about a sale, but the talks came to a screeching halt.
Primary Energy's sale process is winding down and the listed company is expected to garner a rich EBITDA multiple of 8 to 10 times.
NiSource CEO Robert Skaggs is on the lookout for a large corporate transaction for his $12 billion market cap company, but he is staying firm on price.
Wisconsin Energy's announced deal on Monday to acquire Integrys Energy Group for $9.1 billion, was a negotiated deal, said sources familiar with the matter.
Exelon, the Chicago, Ill.-based electric utility, has retained Morgan Stanley as its exclusive financial adviser for the sale of its 550 megawatt Quail Run natural gas-fired power plant, sources said.
Cleco hired Goldman Sachs to advise on a sale after Canadian infrastructure fund Borealis put in a highly competitive bid for the Louisiana utility.