Sell-side Advisor for Sale of a Nuclear Generating Facility

The client wanted to carefully consider all of its strategic alternatives for its two nuclear generating units, including continuing to have them operated by the existing operating company, switching to a new contract operator, selling all or part of the units, maintaining rights to future generation development, and combinations of these alternatives.

We were retained to conduct this strategic analysis, in conjunction with the client’s nuclear, power supply, regulatory, legal and financial staff.  After completing this review, the client decided to pursue three of these options through a market test of alternative transaction structures, and retained us as its financial advisor for these activities.  We prepared an offering memorandum, managed a highly technical and intensive due diligence process, solicited and evaluated numerous bids, negotiated the final transaction terms, facilitated numerous informational sessions with interested parties, and testified in support of the transaction in multiple regulatory jurisdictions. The terms achieved in this transaction set an industry record for the highest total transaction value for the sale of a nuclear power plant, $924,000,000.

For More Information, Contact:

John J. Reed
John J. Reed
Chief Executive Officer & Chairman of the Board
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Lisa M. Quilici
Lisa M. Quilici
Senior Vice President & Board Member
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