9 bids in for Jacksonville Electric Authority privatization
Date
October 22, 2019
Type
M&A Transactions
Subtype
Transaction launched
Countries
(USA) United States of America
Subsectors
Multisector
Contracting Authorities
City of Jacksonville
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The City of Jacksonville in Florida has received nine bids for the privatization of the community-owned Jacksonville Electric Authority.
The accepted bidders are:
- American Public Infrastructure LLC
- American Water Works Company, Inc.
- Duke Energy
- Emera Inc.
- JEA Public Power Partners: A consortium of Bernhard Capital Partners Inc., Emera Inc., and SuezEmera
- IFM Investors PTY LTDIFM
- Macquarie Infrastructure and Real Assets Inc. (MIRA Inc.)
- EnergyNextEra (parent company of FPL)
- Respondent A (Company did not consent to release of name)
JEA is the eighth-largest community-owned electric utility company in the United States and the largest in Florida. It operates in the water, sewer, and electricity system.
The transaction information was not disclosed.
