A top capital provider to utilities and power companies
Mizuho's Power + Utilities team serves a diverse set of regulated and hybrid utilities, independent power producers, dividend-paying growth-oriented utilities ("yieldcos"), renewable-energy and infrastructure companies.
Notable Transactions
- Active Bookrunning Manager and Joint Forward Counterparty to Pinnacle West Capital Corporation on its $748 million follow-on equity offering
- Financial Advisor to Stonepeak on its acquisition of Dominion Energy’s ownership interest in the regulated 2.6 GW Coastal Virginia Offshore Wind Project. Mizuho also served as Initial Coordinating Lead Arranger, Admin Agent, Depository Agent, Collateral Agent and Deal Contingent Hedge Provider on the acquisition financing
- Exclusive Financial Advisor to Ullico Infrastructure Fund on its acquisition of a majority equity interest in Vista Ridge, LLC from Ridgewood Infrastructure, LLC
- Financial Advisor to Dominion Energy on the sale of its 50% interest in Cove Point LNG to Berkshire Hathaway Energy in a transaction valued at $3.5 billion
- Joint Lead Arranger and Joint Bookrunner on Lightning Power, LLC’s inaugural $1.5 billion high yield notes offering and $1.75 billion term loan B issuance
- Joint Lead Arranger & Joint Bookrunner on Calpine Construction Finance Company’s $1.244 billion term loan B issuance
- Active Bookrunner on Duke Energy Corporation’s $1.5 billion senior note offering issued across 10 and 30 year tranches
- Joint Lead Arranger & Joint Bookrunner on Thunder Generation’s inaugural $1.65 billion term loan B issuance
Industry expertise
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Diversified Utilities -
Electric Utilities -
Gas Utilities -
Water Utilities -
Power Generators