Energy Capital Partners Buys EnergySolutions

Nuclear waste management company EnergySolutions Inc will be bought by a unit of private equity firm Energy Capital Partners II LLC for $338.5 million in cash, Reuters wrote. The deal has an enterprise value of $1.1 billion, the companies said in a statement.

(Reuters) – Nuclear waste management company EnergySolutions Inc will be bought by a unit of private equity firm Energy Capital Partners II LLC for $338.5 million in cash.

The deal has an enterprise value of $1.1 billion, the companies said in a statement.

EnergySolutions’ shareholders will receive $3.75 in cash for each share, representing a 9 percent premium to the stock’s Friday’s close of $3.44 on the New York Stock Exchange.

Leave a Reply

PEHUB Community

Join the 12504 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget