Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, January 7, 2013

Nuclear Waste Firm EnergySolutions Goes Private

Nuclear Waste Firm EnergySolutions Goes Private
24/7 Wall St.
Nuclear commercial services firm EnergySolutions Inc. (NYSE: ES) announced this morning that it is being acquired by a subsidiary of private equity firm Energy Capital Partners II LLC in a transaction worth about $1.1 billion, or $3.75 a share.http://247wallst.com/2013/01/07/nuclear-waste-firm-energysolutions-goes-private/

EnergySolutions to be acquired in $1.1 billion deal

Salt Lake Tribune -
EnergySolutions Inc. said it has struck a deal to be acquired by a subsidiary of Energy Capital Partners in a transaction valued at $1.1 billion, and the announcement prompted a quick reaction from a law firm that said it had launched an investigation into ...

UPDATE 2-Debt-laden EnergySolutions to be sold for $338 mln

Reuters UK -
Mon Jan 7, 2013 5:45pm GMT. * Offer at 9 pct premium to Friday close. * EnergySolutions can seek new offers through Feb. 6. * Shares up as much as 11 pct. By Swetha Gopinath. Jan 7 (Reuters) - EnergySolutions Inc agreed to be taken private by investment ...

Energy Capital buying EnergySolutions for $338.6M

Businessweek -
The private equity firm will pay $3.75 per share, which is a 9 percent premium to the nuclear contractor's Friday closing price of $3.44. EnergySolutions Inc. currently has about 90.3 million outstanding shares, according to FactSet. Its stock climbed 27 cents, ...

EnergySolutions to be Sold for $338.5M

Fox Business -
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.

Latham Reps Energy Capital In $1.1B Nuclear Servicer Buy

Law360 (subscription) -
Law360, New York (January 07, 2013, 1:28 PM ET) -- Infrastructure-focused private equity firm Energy Capital Partners will pony up $1.1 billion for nuclear services provider EnergySolutions Inc., infusing the company with the cash it needs to expand in the ...

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