Salt Lake City–based nuclear waste management company EnergySolutions Inc. said Monday that it has agreed to be acquired by a subsidiary of private equity firm Energy Capital Partners in a $1.1 billion deal that reportedly includes roughly $800 million in debt.
Energy Capital, which has offices in San Diego and Short Hills, New Jersey, will pay $3.75 in cash for each EnergySolutions share. Reuters reports that Energy Capital will pay a total cash consideration of $338.5 million, with the rest of the deal price comprised of EnergySolutions’s sizable debt.
