List of 659 Acquired Utilities Companies

Name	Sector	Revenue $mlns	M&A Activity			Last 5 Years
Name	Sector	Revenue $mlns	Total	Buy	Sell	Last 5 Years
Direct Energy LP Acquired NRG 2020-07-24 $3.625B Houston, Texas, United States website	Utilities	-	18	15	3
Calpine Acquired Constellation Energy 2025-01-10 $26.6B Houston, Texas, United States website	Utilities	6,472	22	9	13
Dynegy, Inc. Acquired Vistra 2018-04-09 Houston, Texas, United States website	Utilities	3,870	8	5	3
Integrys Energy Group, Inc. Acquired WEC Energy Group 2014-07-23 $9.1B Chicago, Illinois, United States website	Utilities	-	7	4	3
ERM Power Ltd. Acquired Shell Australia Pty Ltd. 2019-08-22 $439.09M Brisbane, Australia website	Utilities	1,655	4	3	1
Aquarion Water Co., Inc. Acquired Eversource Energy 2017-06-02 $1.675B Monroe, Connecticut, United States	Utilities	-	2	2	-
CE Power Solutions LLC Acquired Qualus 2018-08-31 Cincinnati, Ohio, United States website	Utilities	-	2	2	-
Questar Corp. Acquired Dominion Energy 2016-02-01 $4.4B Salt Lake City, Utah, United States website	Utilities	1,135	2	2	-
Peoples Natural Gas Co. Acquired Essential Utilities 2018-10-23 $4.275B Pittsburgh, Pennsylvania, United States website	Utilities	-	2	2	-
Connecticut Water Acquired SJW Group 2018-03-15 $740M Clinton, Connecticut, United States website	Utilities	117	2	2	-
Maxima Power Group Acquired Sunbelt Solomon 2024-08-01 Denver, Colorado, United States website	Utilities	-	2	2	-
Volt Power Acquired Artera Services 2012-01-01 Atlanta, Georgia, United States website	Utilities	-	2	2	-
Aquatech International LLC Acquired Ecolab 2016-07-15 Canonsburg, Pennsylvania, United States website	Utilities	-	1	1	-
China Gas-SK Energy Ltd. Acquired China Gas Holdings 2013-09-03 China	Utilities	-	1	1	-
Crius Energy LLC Acquired Vistra 2019-02-07 Norwalk, Connecticut, United States website	Utilities	-	1	1	-
I.C. Power Ltd. (IC Power) Acquired Kenon 2015-01-01 San Isidro, Peru website	Utilities	-	2	1	1

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