US power generation company Dynegy Inc (NYSE:DYN) has agreed to acquire Ameren Energy Resources (AER) and its units, comprising the merchant generation business of Ameren Corp (NYSE:AEE), the parties announced.Country: USASector: UtilitiesTarget: Ameren Energy Marketing Co (AEM), Certain Genco centres, Ameren Energy Generating Co (Genco), AmerenEnergy Resources Generating Co (
AERG), Ameren Energy Resources (AER)Buyer: Ameren Corp, Illinois Power Holdings LLC (IPH), Dynegy IncVendor: Ameren Corp, Ameren Energy Generating Co (Genco)Deal size in USD: 133mType: Corporate acquisitionStatus: AgreedBuyer advisor: Lazard LtdComment: The deal size refers to the Genco centres buy
The transaction calls for Dynegy's wholly-owned special purpose entity Illinois Power Holdings LLC (IPH) to acquire AER, including Ameren Energy Generating Co (Genco) and its 80% stakes in AmerenEnergy Resources Generating Co (
AERG) and Ameren Energy Marketing Co (AEM).