Dynegy Inc. (NYSE: DYN) received the "2015 Strategic Deal of the Year Award" in recognition of Dynegy's April 2015 simultaneous acquisitions of EquiPower Resources and Duke's Midwest generation assets and retail business.

Platts noted that the transactions transformed the company and "shot Dynegy from the eighth to third-largest independent power generator in the U.S. The deal also positioned Dynegy with the largest combined cycle fleet in the two most attractive U.S. power markets, PJM and ISO-NE."

"We are honored to be recognized by Platts and our industry," said Robert C. Flexon, President and CEO, Dynegy. "It is the teamwork and 'can do' attitude shown by the people at Dynegy, Duke and EquiPower that made these transactions an overwhelmingly transformative success."

Platts Global Energy Awards' Strategic Deal of the Year Award recognizes the successful closure of a new energy project, asset buyout or full company merger or acquisition in an era of uncertain markets and interdependence. Platts praised the transactions saying they "vaulted the company to the top of the category with a deal of great strategic significance, transforming its power generation fleet and equipping it for the long haul."

Judges declared "Dynegy's meticulously orchestrated efforts a 'staggering deal,' a 'power play' and a 'game changer,' noting the deal gives Dynegy the strength and heft it needs to persevere in a difficult, deregulated electricity business."

At http://www.platts.com/pressreleases/2015/120915/no you may find more information about this year's Platts award winners.

Dynegy is committed to leadership in the electricity sector. With nearly 26,000 megawatts of power generation capacity and two retail electricity companies, Dynegy is capable of supplying 21 million homes with safe, reliable and economic energy. Homefield Energy and Dynegy Energy Services are retail electricity providers serving businesses and residents in Illinois, Ohio, and Pennsylvania.

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